You're likely to spend an extra $100 on a new driver. That probably won't match the tuning of the box. Which will be too high for serious HT. And, like Stephen said, the amp is most likely modified to improve response.
If you want the sub, buy it. Here's a review to help you out
http://www.hometheaterhifi.com/volum...er-4-2005.html
But instead of replacing the driver, if you want to do something then build a sub from scratch. There are a lot of helpful people around here that can work with you no matter your budget. You just have to be realistic in your expectations. You'd be hard pressed to build something that would equal the output of that sub for $200, but with a somewhat larger budget, you could easily outperform it.