Tom Coates wrote:
ARRL has announced a design competition that some of you may not have heard
of. The objective is to produce a CW and SSB transceiver with at least 5
watts of output on 40 meters. Components must be commercially available. The
total cost of all components (except key, mic and power supply) must not
exceed $50. Any instruments beyond a multimeter must be in the $50.

WOW.

$50 today is like $10 when I was first licensed 30-something years ago.

$50 is just five more dollars than what the 2007 ARRL handbook
(paperback) is going to cost!

Tim.