Raby made some nice engines didn't he?
But...no more. Or at least no more T1 VWs.
Speedster: as you see, most guys here say bigger is better and I think they're right. But they also say this if all variables are held equal.
In other words, if you buy a Pat Downs-built 1915 you'll get a very nice, strong engine that makes 125 horses at about 5500 rpm and about 130 ft-pounds at about 4000, and that's enough engine to make a Speedster fun.
But if you buy a Pat-built 2110 you'll get 150 horses and 145 ft-lbs, which is funner.
If you want to save money, you will end up with less. And along with less usable power you'll probably get less reliability. Several people on this board have, in the past few years, had to replace engines that were built by skilled people because some small part or another failed.
Plenty others have, as has been explained, bought small and then moved up later. You may or may not lose a lot of money doing this but it will at least cost you some time.
So: prioritize. Money spent on a well-built 2110 is money wisely invested. Your other excellent option—for even more usable power and more reliability—is the Subaru engine. I like the old 2.2 with the single overhead cams but those are getting a bit rare, and the later 2.5s are stronger.
For a not-mechanically-active owner, the soob is hard to beat. Heck, it's hard to beat anyway!