I think bike engined caterhams are cheap once you've got one installed or buy complete but i suspect it's quite an expensive job to convert from a car engine , just as it is expensive to convert a k into a duratec.
The engine is relatively cheap on a blade or blackbird as you say but once you add £700-00 for a reverser, £ 1200 to £1500 for a dry sump, special props, bespoke exhaust , gear linkage, lectrics, mounts for engine, radiator, etc etc it soon mounts up. Not to mention a £1500 Nova gear set which you'll surely need ( apart from Busa) . I suppose though you have your car engine and gearbox to sell in part ex .
I'd buy one already done.
Brilliant once you have one though.
Cheers Neil
PS i keep wondering about getting my Blackbird turbo charged by the nice chaps at Holeshot but at present the wife's finding other avenues for my spare cash!!
260 bhp in a 430 kg car does sound fun though.