Originally Posted by
Ron Blum
You've been given some really good advice by all of those above, but you mentioned that you would rather fly than build. Although it is financially less expensive to build an airplane, it does take a lot of time. Remember that 2,000 hours is a full year of full time work at a normal job. A good solution, though, would be to get your family involved. Would your wife or one or two of your children be interested in helping? If the project is not at your house, are you willing to drive to the airport every day to put in an extra 8-hour day? As was previously mention, people that complete building an airplane are a small but incredible group of people.
To address a little more of your initial questions, certified airplanes are built with a full-time quality control system in place (in other words all airplanes are built to certified type data and meet specifications when they leave the factory). Experimentals (generically speaking) are more fun to fly (lighter control feel, quicker response, ...) than a certified airplane (due to the regulations). On the flip side of that, most experimentals are not great long cross country airplanes (unless you put in an autopilot, too). Very few experimentals are approved for flight into known icing. I would strongly suggest flying an RV-10 before you buy/build one (but I know people that haven't done that).
A good, used Mooney is less expensive than building new ... and faster, and you get to fly the day you buy it.
Building, especially with someone else, is extremely rewarding. There is nothing like a first flight.
Bottom line: The decision is very dependent on the individual. Just keep flying; it is hard to go back if you get out of it for a while.