Alright, so it's been almost another year since I've made any progress on it. Here is where I left off though...
I finished Installing the footholds
Leveled out the warped tray
Re-Foamed the tray
Glassed the tray
Installed the Motor, Electronics and plumbed everything.. (forgot to put the plug wires back on at first)...then proceeded to detonate the Water Box...
In the process of detonating the water box I partially fried the electronics and had an intermittent spark issue.
http://www.x-h2o.com/threads/97005-Wet-plugs
So I ended up replacing the Entire E-Box & Stator.. and still couldn't get it to work. So I bought a 3rd CDI and replaced it again.. and it fired right up.
So after a lot of trial and error, I was finally able to take out on the Sacramento River and Oroville After Bay for a couple rides without turf.. Ouch..