Lichtenberg made another run of magwells a few months ago. I got one of the Suomi ones for my new MAC-11 upper.
I have a mill, but I bought the pre-made part for the same reason 1biggun brought up - I already have as many projects as I could handle. I wanted the completed upper more than I wanted a magwell project.
The web site says something like, "welded, hammered, ground, blacksmithed." I don't know about the first run, but this one was nicely made, and I would have spent way more than $50 in time doing it on my own.