a few people have done it - I am one of them.
mods were mostly strengthening - the fuse has a weak spot at the trailing edge of the wing and the first run of ARF/ARC kits had a tendancy to break there.
I think a modification was made by Brodaks to fix this - but have not got a new version to check.
Dont use the wing jointers as supplied - the boxes they slide in are not always installed straight - I ended up gluing some 1/4" corbon tubes into the boxes with slow cure epoxy as they hade a litte more play to allow the wins to align whilst drying.
Fibreglass the centre section of the wing - use 2 layers at 45 degrees, the wood used in my one was so brittle you could poke a finger through it by just holding it.
install shear webs out to at least past the landing gear blocks - this will stiffen the wing up - better still - go all the way out to the tips - also do the trailing edge - the wings flex pretty bad if you dont do this.
I converted mine to electric - so you probably wont want to know the motor choice
