I think it's a good avenue to go down, there are so few kitcars that can be used with the family (even at a push) and there's still no reason with a bit of careful sourcing that you couldn't get a new reg on it. I'm sure you can get new gearboxes etc and with a custom chassis thats a big plus towards getting the fabled new plate.
I've hardly taken my Shelsley out since the kids have come as you can't go anywhere without the little ones.
The quality will be your selling point at a reasonable cost with a swift build time, anything under 300odd hours is a plus in my book
Good luck
Chris
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