Yamaha's oil injection is a really solid system, I've seen a ton of folks delete it, never been able to find a verifiable case of it actually failing and damaging an engine without either being run out of oil or losing the cable to the oil pump. In a full suspension build I'd delete it but only to get the oil tank out of the way.
If you could get a whole rear frame section from a blaster I think that would be ideal for adding rear suspension, Pro-Tec kits are unobtanium at this point and any add on kit like that will be full of compromise to work around the existing chassis. It would at least give you some proven geometry to work with and adapt.
Hoarder of the finest junk
'82 YT175
'83 YTM200
'85 KLT110
'86 Moto 4 225
'84 TRX200 trike conversion.
'87 Tecate 4
Lots of vintage and not so vintage two wheeled stuff.