I cant argue with what your saying, but I would just add that you can take the nut off the neck and/ or
redo the fretboard using a cheap LMI ($22.00) pre-fretslotted board. (Thank you LMI!)
So you could do the top, the nut/saddle, bridge plate bridge, and fretboard for about $100.00 -fine!
BUT, now you "need " a good straitedge ($100.00) etc etc for just doing a top??
Honestly, cheap tops and bracing will run $20 at the very bottom right now(Sitka, ebay) and I would get 2 sets minimum of the sitka brace stock ($2.00 +shipping).
Actually, for all those concerned, I would get some tops and just do tops and braces if you have no dough. Just make some sawdust.
Some people are not going to be good at woodworking, and this will not be for them. I dont know if other people are hiding there mistakes, but Im a 'woody' of sorts, woodcarving mainly, and every thing I do needs to be done twice in this lutheri biz! Yea, Im braintired because of the job, but this is not that hard, and man, I almost just blew a bridgeplate... Lol