Restoration proceeded slowly but surely, despite heroic volunteer efforts to raise funds and awareness. The pace was dictated by funds and by 2007, when the original plans had said the aircraft would be flying, only the fuselage and tail of Y2K were completed. Volunteer enthusiasm was being tested and it was becoming increasingly clear that considerable funds were going to be needed to finish this project: now anticipated  to be over $2 million, a number twice the original estimate and several orders of magnitude beyond any CAFM fund raising campaign. The wings alone could cost upwards of $1.5 Million. Additionally, concerns were being raised about operating the finished aircraft, since personnel, facilities and resources to fly, hangar and display her were non-existent. It is worth noting that these concerns had been voiced as far back as 2002, but people had soldiered on, hoping for a breakthrough.  In 2008, a formal analysis was conducted by a team of experts, convened by the Wing Commander. The team looked at all available options and reported that the project had little chance of success with the current fundraising plan and infrastructure and had the potential of becoming an expensive liability to NPF. It recommended that the project cease and the unfinished aircraft disposed of, unless a new owner could be found. The aircraft was formally offered to other Air Force museums, through CAPA, but there was no interest.  One civilian agency offered to take it for scrap but their offer was rejected.

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