swamper, it is mot too late to put it into a smaller pot. it might take a few years and a wood training pot to get the roots small enough to put into a bonsai pot. some growers often raise their plants in the ground and lift them each year to prune the roots. wiring can be done while the tree is in it's training pot, but wait about a month before wiring a repotted bonsai.
Thanks Cullen. I appreciate the info. Maybe I will try to change it but Im afraid of the root system I will find there. I am planning on purchasing a new one this weekend at Miami Bonsai. Any advise? what to look for and what to keep away from.