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@hugo7
I think it's just a good eg of the fact that if you're building a bike by buying parts completely from scratch its not actually a cheap way of doing it. I don't really know why people think it is. Other than the saddle and the handle bars there's nothing that strikes me as particularly excessive.
Budget builds really work IMO where you've already amassed a parts box worth of bits that you've either collected for nothing, or just forgotten when and what you paid for them... most people omit what they originally paid, where as you've actually track down the cost.
Still now you've got the parts you can ride and enjoy it and use them again on another build if needed... and ultimately it still looks like it does what you want, so I wouldn't worry too much about the extra cash.