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idea for a buildoff?

I like the idea of a $99 build contest...

How about one that limits you to $99 worth of tools.
Gives scavengers a major advantage, possibly unfair. I can think of two major ones I got for $0 if I'd get them the heck out of the house they were in *TODAY* (cleaning out prior to closing a sale) and then we have the yard sale finds (mostly planes at a reasonable or really good price as opposed to what happens when the antiques and tool dealers get to price them.)
 
Gives scavengers a major advantage, possibly unfair. I can think of two major ones I got for $0 if I'd get them the heck out of the house they were in *TODAY* (cleaning out prior to closing a sale) and then we have the yard sale finds (mostly planes at a reasonable or really good price as opposed to what happens when the antiques and tool dealers get to price them.)
Tools would have to be priced by current retail values, old/obsolete tools by the values of their contemporary counterparts. Nobody gets to use a 3-axis CNC machine just 'cause their friend is loaning it.
 
24 hours for a simple bolt on Fender Shaped Object with a bolt on neck and off the shelf hardware is totally reasonable, especially if you have templates and parts ready to go. I bet 24 hours would be plenty for two such basses if you weren't counting finish work. I would be excited to have a build off like that, as long as there was some encouragement for the focus to be on process and efficiency, i.e. showing off the techniques you've developed to allow you to do hard things quickly or easily. I promise, anyone can build a bass quickly if they have their ducks in a row, no substance abuse (unless you count coffee) or creepy uncles (other than Beej) required!
 
24 hours isn't even enough to fix my mistakes along the way
You said it.
Shoot, I spend 24 hours changing my mind 17 times about something before I even start making mistakes on it.
Being an idiot isn't as easy as everyone thinks. Let me tell ya,....it's hard.
But to the point, if it was a pretty simple build and everything was laid out, I might give 24 hrs a good run.
As long as I stick to the plan and don't get any ideas.