Alright, so I sat down with my partner in crime and hashed out all the different options available to us at this point, and we ran those options past another acquaintance whose knowledge I trust on the subject. All things considered, we agreed that the simplest and most cost-effective way of getting things done (which also reduces the quantity of items needed to purchase/daisy-chain together) was just to buy a pre-modded 32X. Otherwise, the alternatives would actually prove to be just as, if not more, expensive.
We agreed to split the cost between us, with the understanding that I would reimburse him for his half of the payment at a later time. I'll report my impressions of the unit's quality when I can.