So... for the guys that say... everything is overpriced... you just haven't looked long enough.
Sorry for all of that. But the moral of the story is... projects are fun... but be smart about them. Oh... and as an FYI... It took my at least a year to find my XP project... and it took almost 2 years to find the right Islandia. So... for the guys that say... everything is overpriced... you just haven't looked long enough.
Nobody twisted your arm to go with racing pistons, eh? There are some splurges. The 1600 could be cut closer to 1k for someone doing a restore, so maybe not the REAL cost of a restore, but if I were building it that extensively I'd use the hi-po pistons as well. Once you're in deep, might as well sink the ship. I personally wouldn't pay $470 for pistons and a resleeve, so there's where I'd come in well under - for an example. I stayed vigilant waiting on the right deal and bought new OEM old stock pistons, rings, and cylinders for $120 each (times 2) that came completely ready to drop in. Having built over 50 engines for my dirt bikes, atv, and skis - I've learned a lot of patience when I want to pay a specific price. It does happen if you wait and watch.
I don't think you did anything out of line, I just see areas it could be done for less if we are talking the "Real cost" of building a barn ski. Not everyone needs racing pistons and such, but I personally (my choice) would if I were already knee deep on a total restore, as you did.
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We are a rare breed, not many people have the skill set or patience to do what we do, but don't put yourself on a pedestal that you make smarter decisions than others on the forum. Many of us do it because we enjoy it and get a satisfaction and sense of accomplishment to do something with our own two hands. And we enjoy riding out on the water at a fraction of the cost the average person will end up spending.
It's a hobby, one of many I have, and hobbies cost time and money, if you're in a hobby it to watch every penny and not lose money, it'll eat away at you and you lose the spirit of doing it. BTW - nice projects you've done.
I didn't put my set of projects up to put myself on a pedestal. I simply wanted to put up the info that there is another side to the "Barn Find".
I absolutely agree that it's a hobby, and sometimes you just want something to work on. For me... being thrifty is part of that hobby. I've done a few odd-balls over the years, and lost $$ in doing so just because I wanted it. The Polaris, and old Si Seadoo where projects of opportunity. They were local, the price was right... and they weren't all that far gone. (mechanically) The XP and Islandia were targeted projects. That's why they took so long to find.
I think your project turned out great, and I'm sure you will have a good time with them. Keep up the good work.