Derek, 
With the Dev program a Nao's  only $4,200.
Also, if you search enough, you'll find organizations giving away their robots 
to researchers.
If your preference is working on hardware, then I can see why you'd prefer to 
build it yourself. I myself prefer the software aspects; hardware is a 
necessary evil, on which I try not to spend too much time.
Cheers,
~PM. 
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