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@lenk
Guys I'm not saying that 2nd hand parts are crap or that you must buy new stuff. What I am trying to say is "it is very difficult to build a new bike with new parts for anything less than £700" and I don't think that it is a ridiculous claim. Here is what I am saying.
1) It is very difficult to build a new bike with completely new parts for anything less than £700 for relatively decent bike with decent enough components. Actually I think I can do £600-650.
2) I'm not dissing anyone here that builds their bike using 2nd hand components, nor am I saying 2nd hand components are inferior.
3) YES, it is possible to build a bike for much less than £700 if you are not fuss about using a mixture of 2nd hand and new components(refer to point 2)
3) Want to get a bike asap? go get an OTP.
4) Want a custom bike asap? go to bike14, blb, brixton, condor..etc. And yes they are more expensive than your online shop for components. It like walking into PCWorld when you can get the same stuff cheaper online. Shops have a lot overheads, rent, wages and bills, thus you are paying that extra £.
For instance someone wants to get a bike quickly but find that OTP does not suit because he wants a unique bike for whatever reason. The choice that he have is to go to bike14, blb, brixton, condor..etc, and ask them to build a bike for him. Or he can spend sometime reading sheldon and londonfgss and start hunting down components.