Thanks for everyone's replies! I decided to go ahead and purchase the frame. My father tried to make me one of these frames a year or two ago and couldn't find all of the necessary pieces at the local home depot or lowes so that was our problem with making it cheaply. Plus, at $45 I don't think I could hardly buy all of the pieces for that price especially if you consider the labor time.
Thanks again I always love reading the replies, so nice to have quilting buddies even if they are scattered all across the earth!