I'm also a first time builder - just finishing up a Spindrift 10N.
The 'problem' with being a first time builder is that amount of time required to research
each step. Things like, what kind or wood and epoxy to user, where to order
it, how to fillet, how to do a gunwale...takes a tremendous about of time to look into.
I spent almost as much time doing the research as doing the building. My next boat will
be much faster and much better quality.
As already mentioned, you should only build if you will enjoy the build/research process,
not just because you want the final product.
Lawrence