Well thats a nice starting question indeedy....Nice handle too. WELCOME to the thread, you are in virgin territory and now have tranced on the grass as the first poster...
Actually mine came with the 80% built pro kit - minus the servos, reciever and engine of course as you know, so therefore in that regard you can built it yourself...just not from the ground up. But you can take it apart and then put it back together again with some extras. But its very nice and with a few small mods, its ready to race. Ill be putting the OS .21 VZ-B V-Spec-T (P) in it to get that nice power to wieght ratio. Do have one now or are you thinking about getting one...?
This is the website for more info on kits and buid options:
http://www.ofna.com/hyper8pro.html