Lou's got a point. When Bill Werner started racing the 650 (after tuning for decades for an HD hall of fame), he bought a motor and running gear off eBay, put it together, tuned it, and started racing. He's been several years in developing it, but the point is that it's far more possible to do what Lou is saying than it ever would be to put an XR750 on the street.
Not sure what frame that is on the bike in the first vid, but the bike in the second vid with Bryan Smith and Bill Werner sure looks stock, or at least stock-based. I think they won their first mile in a chassis like that.
I just wish Kawasaki would bite the bullet and give us an 800cc version with better running gear rather than the 1000cc I-4. That would be great!
arty