@Waternut wrote "Moral of the story...you can make it worth it, you can love it, and you can enjoy building it BUT you will always wish you had something else either a little nicer, little more reliable, little prettier, etc, etc."
True enough. But you gotta start somewhere, and if that is the point you're forced (for whatever reasons) to start at, that's better than not skiing at all IMO. It's normal I suppose to want to better yourself. Common sense dictates that you do what you can afford NOW and build from there. I'm sure a lot of us got started that way.
@Horton my 2 cents worth. A very worthwhile project if the goal is to prove for all to see that it's within reach financially for the average newbie with desire and a small budget, say $10 - 15K? Just saw it done locally recently with a late '80s Ski Supreme, turned out really nice for under $10K. I say go for it!
Ed