Project fast 1/8 buggy on a budget

Hello gentleman my name is Paul. Found this forum the other night again and after investing some time in some reading I am more than impressed with the high quality projects that are highlighted on this forum. This site is a wealth of information and I yearn to be a BL master same as many of you are already.

My story is...I got back into the hobby after a long hiatus after catching the BL craze. I was very impressed with the speed and run times but I want more.
My first investment was a FT T4 with 11.1 maxamps and MM5700. This was last christmas and by this time I am bored with the T4 and tired of breaking cvds and other parts.

Now I have contemplated a 1/8 buggy for over 6 months but it just has not been in the cards monetarily. Now with Christmas coming my wife offered to by me 1 rc car....she did not say which one. lol. The only hitch is it has to be new, she wont wrap one of my used ebay purchases (shrug, I am addicted to the bay). So the shopping starts.

Now I have a watch on a 8ight roller for $279 (i thought was cheap,must have come down a bit)and free ship and this video actually started my inspiration again.

http://www.youtube.com/watch?v=GKctWzmIgVc

I think this is what I am getting but I also found a new built un-ran xb8 for $250 and from reading on the site I am guessing that most of you guys would opt for this rig. I am only hesitant b/c I see that 8ight parts are way more accessible especially on ebay for cheap. Im not rich so I skimp where I can.

Now I need help badly. I still have the MM, a maxamps 6000mah lipo 2s and
3s and hyperion charger i think eos6060i or something, and speky dx2.0. Is there any way of accomplishing speeds of around 70mph with a MM or am I going to have to step it up? I know that these buggies are not meant for that speed but that what I want just as a option. I may run slower batteries as well. But I am no racer just a weekend basher at local parks and neighborhood steets.

So i need a conversion for the 8ight, battery suggestion (think best value and I would like to keep it 1 battery instead of two), esc maybe, servo I guess, and whatever other suggestions you gentleman might have. I am sure I need more stuff so let me know. I think my mom is getting a gift card to tower for Christmas too so it is on now. I know I said budget but I will do what it takes to get this right the 1st time. I will just order in order of improtance to get running asap. I am thinking the large lipo will be the final purchase, and I have no idea what to get.

My thinking is that if I have to I will run the slower 11.1 lipo until I get all I need. I just dont want to keep upgrading I just want to get a fast 1/8 and not have to do much upgrading or replacing broken stuff. If I need a esc I might get that soon too. If its going to be a fortune to do this then I am out but I think I might be able to make this work.

You guys have a excellent community here and I plan to be spending alot of time here in the future.

Paul

sorry so long winded...im excited.