That is just the gateway drug to bootstrapping.
Check out https://github.com/fosslinux/live-bootstrap
if you want the real hard stuff.
From Wikipedia, the free encyclopedia
Linux is a family of open source Unix-like operating systems based on the Linux kernel, an operating system kernel first released on September 17, 1991 by Linus Torvalds. Linux is typically packaged in a Linux distribution (or distro for short).
Distributions include the Linux kernel and supporting system software and libraries, many of which are provided by the GNU Project. Many Linux distributions use the word "Linux" in their name, but the Free Software Foundation uses the name GNU/Linux to emphasize the importance of GNU software, causing some controversy.
Community icon by Alpár-Etele Méder, licensed under CC BY 3.0
That is just the gateway drug to bootstrapping.
Check out https://github.com/fosslinux/live-bootstrap
if you want the real hard stuff.
The consensus seems to be: go for it for the learning experience.
I would agree. It's useful to know all the parts of a GNU/Linux system fit together. But the maintenance can be quite heavy in terms of security updates. So I'd advise to do it as a project, but not to actually make real use of unless you want to dedicate time going forwards to it.
For a compiled useful experience gentoo handles updates and doing all the work for you.