As interesting as Ji's posts are, aren't we forgetting that this is vintage motocross not F1 or Moto GP. I fail to understand why anyone would even consider this stuff for a VMX bike unless it was on the bike in the first place or you're building a replica of something trick that was available back then. My Boyd and Stellings TM had a full complement of Ti bolts and nuts which I replaced with good old heavy as shit steel in the interest of safety. I've kept the period Ti brake pedal for the cool factor and the fact that I'm too lazy to make a new one but frankly I think it's a bit of a wank. You'd be living in Fantasyland if you thought that spending serious money on titanium to save a few grams is going to make your bike faster or better handling. It's got a bit of wow factor to some folks but it's not even bling in a shiny sense.
IMHO VMX isn't the correct platform to experiment with turning out bikes into exotic spaceships bearing little comparison with what we used in the bikes's glory days. Like Jerry said, if you want to save weight, go on a diet, if you want to go faster, go to a riding school.