Exactly what I said. I would pay $500 if it was truly good quality, as decided in person. Based only on a list of parts, I wouldn't venture beyond $400 for anyone else's assembly of Mexican Fender and non-Fender parts. Then again, I can do stuff myself, and I also have very high standards for fret work and nuts. Your average shmoe might pay one or two hundred more than I would, and judge MIM nuts and frets to be fine. You seem to be following an odd line from what I said. I said nothing about price being linearly related to the cost of the parts, out to infinity. I stated a minimum below which it's nearly impossible to put together a guitar out of well built parts. You can't put quality pickups (at least $100, more like $150 to $200), hardware ($80 minimum if it's decent), neck ($200 or more), and body ($50 to $100 minimum plus milling time) together without spending at least $500 on parts – bare minimum. Then you have hours of labor, which you'd better be valuing at at least $50 an hour if you actually want to make any money. That has nothing to do with the "whole curve" of money invested versus "quality." It has to do with whether or not you can make any profit at all. Point being, you need to sell your guitars for $1,000 to even bother with putting any of your valuable time in...and people aren't gone pay that. Like I said, you're better off introduding your own brand.