That Lancair is a beauty. How was your Mitsubishi ownership experience over all those years? If you don't mind me asking what did your hourly operating cost end up looking like roughly?
It was good. The single biggest thing for me was dispatch reliability, I canceled exactly two flights because of a mx issue in 11 years and 1,000+ hours of flying, the plane was just always ready to go. She would do anything from long cross countries with moderate ice and low IFR to 3000' runways with no problem. As a family hauler, I couldn't have asked for a better machine. She was safe, reliable, comfortable, efficient and a joy to fly and own.
Expenses have gone up significantly in the last several years though. Fuel has more than doubled in price, parts are more expensive and shop rates have gone up. An easy annual/100 hour/200 hour inspection would run around $12-15K but there were a couple of years where that could easily climb into six digits if there were any major components that needed work (for me it was a couple cabin windows, ACM, and a prop governor over that time but ymmv). Two years ago I had to get a second stage turbine wheel AD taken care of on both engines and the props overhauled, so that one hurt. Badly.
When I first got the plane I budgeted about $1,000/hour for operating expenses. Today that wouldn't even cover fuel at current prices in the Mid-Atlantic, so I'd guess it's around 2-3x that when taking into account engine, avionics, and P&I reserves.