It's about getting the pieces which have the greatest gains (usually for the least amount of money) and folks already know something about. The most popular carb swaps are the PWK series, the PJ series and the mikuni TM series because they are common and people have experience with them. If you're determined and don't mind finding your way out of the dark on your own, just about any carburetor will work... Heck, a carburetor of a riding lawnmower could work but it won't be optimal and no one will be able to help you figure out any problems with it.
The "tors eliminator" cable for the stock carburetor works with MOST keihin carburetors. If you prefer twist throttle, vito's sells a kit with the same carburetor end on it but a twist kit.
The incoming fuel may be a different size than the stock carburetor. Stock is 6mm (1/4"), the PWK's are 8mm (5/16") but not sure what the PE uses. A banshee petcock has the 8mm outlet if it is the larger.
I stuffed my OKO 30mm carb into the stock intake. I know a 33-38PWK uses a larger engine side connector which can be had fairly cheap. UPP makes them for that size carburetor if the PE uses a larger carburetor body.
Depending on the shape of the float bowl a reed spacer may be required. My OKO 30mm needed one.
If you are making the airbox, you don't need to worry about that side of it, just make it to fit whatever the carb has already.