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#1
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I agree with the majority on here. It is definitely cheaper to buy sets than to build. Shipping costs are a killer for individual cards or lots. When collecting a particular set, I almost always go that route. For me, key cards were not in the condition I typically wanted and I have always had to replace a lot of the key cards - particularly the Mantles. In addition, most sets aren't master sets (if you collect master sets) and variations aren't included. Although I don't collect master sets, it is fun collecting some of the key variations like the mid series gray back cards in '52 Topps which are extremely rare.
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#2
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70, 71 and 72 high numbers can be pricey, might be best to purchase sets or at least large lots those years, maybe piece together the 73-75 sets and then just buy complete sets for the balance from a cost perspective. After 1975 things get more plentiful and full sets can be had at a fair price.
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#3
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for the responses so far. My current strategy is to purchase a nice starter lot and then fill in stars/upgrades from there. It seems with this strategy you can save $ and enjoy the process. I've also joined a few trading sites so sometimes I've been able to trade away other stuff to get the numbers I need. In terms of shipping, I try to wait for a "set break" from a seller with reasonable combined shipping policies...
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