I built this frame in 2008. It was the first belt drive bike I built, and hence it was an experiment that I financed on my nonexistent R&D budget. I probably spent $2500 on it, plus something like 40 hours of build time. But that paled in comparison to the time I spent *thinking* about it, which was likely in the 80 hour range. I also developed the graphic design myself, teaching myself Illustrator in the process - add another 20-30 hours there.
I like the bike. It was a pain in the ass, a challenge. I tested out a bunch of new things on it - the S&S seatstay coupling, a new waterjet head tube badge, a new (fancy) paint job with painted-on graphics. I think it came out great, though paint isn't exactly notable for its durability, and now the frame - despite being woefully underused - is chipped and scratched in all manner of places.
Regardless, I love it. I don't know what I thought I was doing, but I fucking took this bike on, and I'm proud of myself that the project being a bit over my head - and over my budget - didn't stop me.