Don't get me wrong, I'm not saying that it is too much or too little. It just is. Over the last couple of months I've been a significant contributor to the LBS's rent payment In that time, I have yet to figure out how they calculate their prices. And, frankly, I don't pay that much attention--sometimes I think the price is low, sometimes it is high, but it all averages out. I get what I need and they're still in business.

At the time of my Waterford build, I was surprised at how little the labor was in the quote, but just assumed it was covered in the parts. Regardless, even $200 to build with existing parts isn't bad. In my world of consulting that doesn't even cover 2 hours.