Thanks for the fededback. I am keeping a spread sheet to figure out costs etc. If I do this it will have to be with Nashbar and ebay deals or it would not be cost effective. Plus I like the idea of building up my own bike. It will take 5 months this way but I have a bike to ride in the meantime.
The online bikes offer a fair value but usually offer crap brakes, wheels and cranks.
It will be good to get a new bike either way. Thanks for responding.