Can you tell us exactly what mods you had done for 28hp?
Maybe even fill in the blanks here:
Cylinder head rechambered?
To what shape?
CC?
%quench/squish area in head?
Squish gap?
Piston type? Modifications?
Exhaust port modifications?
Intake modifications?
Carb?
Airbox/filter mods?
Pipe/silencer?
For you this may be giving away some secrets but I assure you some of us can give you hints for more performance.
My son has done the DT200 conversion, although without the powervalve functioning.
It is a ripping machine, but still no equal in stock form with the KTM.
The DT200 cylinder is almost identical to the Blaster cylinder with the exception of the powervalve (and head).
It has pretty much the same room for all the same porting tricks. No weight advantage over aircooled.
A stock KTM 200 engine will produce as much HP (over 40) as any modified motor and gives wonderful reliability.
A stock KTM200 motor will cost you less than any modified, sleeved or destroked motor, with possible exception of the Blaster or DT200.
Modifications are still possible on the KTM engine, and are widely available over the internet.
It has a fully adjustable powervalve to adjust the powerband hit from smooth to harsh.
Personally, I like the idea of using a 450 frame with their great suspension setup with a lightweight motor.
Very little chassis work to do, and you would lose at least 20-30 lbs with a KTM200 motor.
I have been riding since 1976, KTMs since 2000. I still have my 2000 KTM 125, which is the same case size as the 200.
My 2000KTM125 went 5-7 years of hard riding before I dunked it in a river and needed a new piston.
Very durable. They are tough, tough, tough.
Parts costs maybe slightly more than a Japanese, durability usually much better.
The SX transmission may be better for racing, but I personally like the very wide gear spread on the EXC transmission.
Slick makes a good point. If you have a Blaster already set up, lengthening the swingarm and steering stem 2-3" each would make it fit better for less money than a whole new frame. The KTM 200 motor can go in without welding to the frame actually, just adaptor mounts to the Blaster engine mount points. A new set of longer and forward "A" arms would complete the transformation to a less than 300 lbs (my 250 weighs less than 300 dry) full sized quad. A swingarm, rad mounted and a pipe modified to fit are your largest challenges.
Pipe and rad fit (200 is smaller than this 250):
Blaster stock, modified, and KTM cylinderheads: