The biggest mechanical problems are the frame for the locomotive and the frame for the tender.
The loco frame is a modified casting from the PS2 days with an added pocket for the drawbar swing. You could mill this in or cut it by hand but it is tough.
The tender frame is is stamped steel with an extra depression for the drawbar mount. Three options are:
- Stamp the original frame. (highly unlikely)
- Cut a pice out of a PS3 donor and weld it in.
- Find a complete PS3 donor frame that fits your tender.
There are other various holes that would need drilled and tapped. And, as mentioned above, you would need a PS3 donor board, boiler board, tach reader, wiring harness etc.
I have done this one time. It was extremely labor intensive.