Well I spent a lot of time typing, and 592 chimed in but here is mine
Willie, I read the book, then re-read it, about 7 times.
The last paragraph in 7.F, says if you meet the requirements for Modified, then you can't run altered....
The last paragraph in 7.G says once you are an A bike you can't go to modified for the remainder of the season...
While the official interpretation of the rules should come from the Motorcycle Rules Committee Chair, listed as Russ O'daly, I'll say that you could run Modified at speedweek and change something to make it illegal for modified, like put a seat on that is below the top of the rear tire, that makes you illegal in M so you have to change to A, then it sounds like it could be done. You just need to start with a frame based on an OEM type or production replacement having similar geometry.... That line is probably the "Jack level" riddle of this question, so you are right back where you started, sorry
Send a tech request email to Russ... techchairmc@scta-bni.org with any luck you will get an official reply