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Over saturated for sure. I think many start selling to justify the money they spend on building. Most of my friends that are my age spend more at the bar on any giving week then I spend on wood to waste all year.
If you start building to make a business of it then your better off buying a screen press for the same price as a lathe and screening ten $20 dollar t-shirts in the time it takes you to turn and drill one plug.
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