There's also the issue that most 1st level characters can't hack the DC 20 Masterwork component by taking 10. Int 16 +3, 4 ranks, Skill Focus (craft whatever) +3 just makes it. That's a lot of focus just to make a Masterwork item at level 1. Most characters will have to roll to attain the DC and could easily fail and loose time and money.
I don't disagree with a Craft+Time system but I'd think a Market/Workplace setup would also serve to stem some of the ridiculousness.
I don't disagree with a Craft+Time system but I'd think a Market/Workplace setup would also serve to stem some of the ridiculousness.