i kinda kicked artound the idea for a while and figured i'd wait till next boat. i have simular boat(21 open bow) with the same motor and drive. here's why:
whipple system=4000+/-
exhaust 2000(gotta let a blower breath)
head work ????
trimtabs 2000(gotta keep it in the water somehow;thehullwasn't meant to have500+hp)
external stering2000(i must at over 70mph)
and if yuh wanna run hard new pistons wouldn't suck either.
so to do it RIGHT your talkin over ten thou.
you could skimp on some things and come in under ten thou but you'll spend it in the long run.
on the other hand it would be big in the cool factor points to have a rightous sleeper. you could probably get that ultra to go 85+ with the right set up. it just be the scariest 85 you ever did
just my humble opinion-jas