"So why is somebody going to sink a ton of money developing a NEW "race" head"

One more comment. The "development" term may be a little over applied. As a former aerospace engineer, I know a little about design, development and production. Just like TF did with this 240 head, your not starting from scratch, you are refining and leveraging prior concepts.

Most all good CAM programs and operators (catia, unigraphics or solid works for example) can blend two models to gether in a few short hours.

Heck a table top CMM trace of a big duke and a mopar platform melted together is how the predator started life years ago....whats to say you simply couldnt reverse engineer from the predator profile........bottom line - were not building space shuttles here, we are simply doing what has been done a few thousand times before.