I did a full analysis of the ghost cost vs building a 212 from a base Predator. I ended up buying a base Ducar because the ghost is built on the same block - at least that is what all the information pointed to. I spent more building that than just buying a ghost and leaving the ghost as is. But I would have spent even more improving the ghost with a flywheel, coil, rod, rockers, and then there is the $200 kit you have to buy from HF to complete the ghost anyway. You will be into the ghost for $550 before you take it out of the box.
You can get the 212 for $110. Buy a kit from RacersProQuip on Ebay for between $150 to $250 that will have flywheel, cam, rod, piston and etc and a Nibbi carb kit on Amazon between $70-$100 and build a beast for around $460 or a bit more once you add exhaust and maybe a rocker kit to support the RPMs.
So why not just start with a base engine and build it? Depending on how far you want to go on engine and upgrades, the result would be a near bulletproof screamer that will make your heart swell every time you start it up. As they say... priceless!