MM is extremely overpriced, and in some cases your not getting the quality your paying for. Not trying to bash them but putting it out there.
If you are just looking at the stuff on their site I can see why you would think that.
If you have been there, talked to Jim and actually see what all they do, you would not be saying that. There is a lot more to this than just the parts you are looking at. I can pretty much guarantee you that if you throw similar parts into and engine and start abusing it to 8k you will destroy it in no time. It will work, but for how long? I spent hours there talking with Jim about these motors, I know a lot more than just what is listed on the site. A standard m42 will not survive what his will, not by a long shot.
Take a look on the net and see what a rebuilt or mild performance m42 costs (yes, they do exist), then tell me MM is overpriced. Is MM expensive, yep, but you show me a place that does that much work on a non Ford or Chevy motor and will not charge a similar amount, or more. These are not simple bolt-ons. There is tons of machine work alone involved in making this motor what it is. Call around and ask a shop what they want to prep a block, port and polish the head, custom cams, custom intake and more.
You are looking at it as just a higher performance motor and that is not what these are. These are built to race spec and designed to live at high room for long periods. Overbuilt? Maybe, but that is better than it coming apart after 20k miles and a few days on the track.
To be honest, MM does not even make that much on these motors.
Price out what a decent small block Chevy costs then tell me these are overpriced.