If you pull out the fancy stuff like the the 300m IS, 7/8" chain and sprockets, and billet piston it is much more reasonable. The clutch clearances and separator plate mods are low buck (if not free) and really change how the trans feels.
If cost is a major concern, now probably isn't the best time to build a "spare" trans anyway. All my part prices are up at least 25% and availability is spotty on some parts. Borg Warner specifically.