Thanks for the input!
I love the Phantoms too, but they are like a Super-Model. So beautiful to look at, but high maintenance. I had three over the years and did race one for a short time. I was just waiting for the transmission problems to show up and sold it when someone made me a nice offer for it. The reason I held on to the last one is because I always dreamed of having all three of the Spanish beauties, but could not find a nice reasonably priced Montesa VR.
The '75 KTM was going to be my "Falta-nator". Just wanted to race it as a little jab at all the CZ's that race around here.
It also has an affilliation with a bike brand that still exists.
The Model 135 Bultaco is a good race bike. Not as exciting or rare as the Phantom, but very solid and lots of parts availability. It is also ready to roll now.
I sold the Can-Am MX6 (Favorite racer ever!). A '75 TNT is allowed in the pre-75 over here. I love the way they look, but I have heard some negative things about the handling also.