The PGM-II will be slightly cheaper but you'll have to splice some wires and plugs, it's not tough though;

note the wires for the reg/rec still not tidied up, and the loom lying across the yoke, this is first fit after my PGM-IV melted.
It's mounted on a Tyga subframe.
A (wirespliced) PGM-II or III, some pipes and a setup will see 60bhp+, if it doesn't you'll be wanting a top end rebuild.
Unless you're very lucky finding an HRC carded PGM-IV for not much money that's by far the best option for a track bike, the stock card isn't a good plan for a trackbike.
Or you could try getting a replacement card programmed for your PGM-IV (see the sticky thread) and hope the PGM is OK.
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