I'll chime in here.
I just completed my Nypex and rode it for the first time this weekend. I gotta say I am pretty happy with the sled it flat out rocks. I took an MCX Apex 290 kit and converted it for the Nypex. I'm not sure I'd do that again I think it would be just as fast to start from scratch and use a Boost It controller and build your own turbo kit. If you want the midmount just buy Pauls kit, I wanted a rear mount. MCX has been pretty slow about getting their kits out so maybe for next year but you won't get one this year.
All that said it is a HUGE HUGE job. I built my own tunnel, bars steering, header, intercooler etc etc etc and did every bit of the fab work myself, of which there is a lot, all in it was close to 800 hours. There are NO instructions out there so you are on your own. You need to design and make brackets and stuff at every corner, it just takes a lot of time, just when you think you are making headway something else comes up. Wiring needs to be lengthened, shortened, everything needs to be modded. This is not exactly my first time around the block on custom builds so its not like I don't know what I'm doing, I could build one faster now but I'm not sure I have the energy to do it. If you are thinking propane it'll easily be the same or more work. A pre-made kit and after market tunnel etc would greatly speed things up but it just depends on your budget.
I say go for it but you might want to have another sled around to ride while you are doing it.
As for the sled compared to the Nytro it feels I'd say 5% heavier on the nose on the trail but once its in the deep you don't feel the weight difference. When you look at the Nytro and the Nypex side by side with the clutch covers off you can see the Nypex primary sits higher and further forward in the chassis I guess cause the blocks are different, which when you are riding it you feel ever so slightly. The spinning clutch is a gyroscope and you can feel the difference. That said by the end of my second day I wasn't feeling it anymore so I got used to it fast. My son was riding our MCX Nytro and we swapped back and forth, they are very close but the Nypex pulls WAY harder and the motor winds up so fast. So far I'm really diggin' the sled and I'm glad its done.
Drop and roll. I will never do another drop and roll, I've done 3 and in my experience the benefit you gain in climbing ability is over shadowed by how crappy the sled handles the rest of the time which is the majority of anybodys riding. All Yamis are nose heavy the D&R makes them worse. Its JMO but I wouldn't do it again, I'm learning from my mistakes, LOL.
There's a reason these sleds are selling in the $40,000 range, its cause of the labour.
Here are some pics I posted last week.
http://www.snowestonline.com/forum/showthread.php?t=301663
M5