I called around to a couple LBS' and checked online. I run SRAM Red for everything but that is far too costly to replace (double if not more). So I'm going to step down to SRAM Force for the Front and Rear derailleur. The rear derailleur will be about $150, the front I think was closer to $80. A replacement Ultegra chain is 40$. All of those, plus adding the needed cabling & housing replacement and install is bringing it over $400 before any taxes.
I could drop down another tier in SRAM but I think saving $100 will result in a impact in the bikes performance. I think its better for me to wait a month or two and get the right parts instead of replacing with something I'll want to swap out again.