My 0.02$ would be
if you bought the pickguard, the pickup, the switch and so fourth
buy the router and template. you can get a router pretty cheap
the bit is like $15 and the template is like $10
a cheap used or new router from harbor freight is like $30-$40
thats like $65 bucks and you get to use it again
seems worth it to me. but its not my guitar
but i would never touch my pride and joys without the proper tools
as it would be like buying an expensive amp only to listen to it through headphones
not a good use of money