You pretty much hit the nail on the head there tcmtech.. The added cost for electronics to add the regenerative function to the drive will be small. That's the whole reason why I'm investigating the option. I will be building the VFD to drive the motor anyways, the regenerative function is simply additional code in the microcontroller and the charging circuit. Adding code doesn't cost anything, and a charging circuit can be built relatively cheaply.
When gaining efficiency in an electric vehicle, it's not so much the savings on electricity cost, its more for added vehicle range. I dunno where you're getting 1000$ worth of extra parts from.... The most expensive piece of the VFD is the SCR's, IGBTs or MOSFETs.. which won't be anywhere near 1000$, and I need those to drive the motor regardless if there is regen braking or not.
I'm done arguing with you about this. You obviously feel like you know everything about this topic already.. So have fun with yur windmills bro.