itr engine rip off??

yeah i know someone that just got a ITR engine for 7000. i really think he got ripped off. the price included a hydro clutch kit dc sports 4-1 ceramic header and a performance chip. he said his future mods are crower pistons and crankshafts and camshafts and bored out to a 2.0. and then eventually turbo. did he waste his money or what??