It's still $5k for a reasonably good torch height controller for a plasma system (sensor phc or similar), and about ~$2k for a decent mechanized plasma torch.
Then you got at look at how you are driving your gantry. You are going to have all kinds of problems trying to drive a gantry from just one side, so typically you run a dual drive system with 4 (2Y, 1X, 1Z) servo drives. If you are doing a dual drive system with a servo on each side of the Y axis, then you need something that can handle master/slave servo setups correctly.
From my experience, you have to go to atleast a centroid control to be able to do that. EMC (free), mach2 ($50), hypertherm edge ($5-15k) can't do it correctly. The edge control was probably the biggest fail I've ever seen trying to do that. I ended up spending $18k to get a controller that could do a perfect master/slave axis for the big waterjet.
Far more important then the money was the year I spent wasting my time trying all these controls with different boards and servo configs, and blah blah. And I'm an electrical engineer, so this stuff is second nature to me and it's still a complete nightmare of time wasting. There are so many people who try to build these big elaborate machines (and I am severely guilty of this as well) and for the most part, they spend all their time working on the machine instead of benefiting from the parts the machine makes.
I'm not trying to crap on your project, I'm just trying to give you the perspective of someone who just spend a year and a half doing this.