Waldorf dolls

So this morning I came across Waldorf dolls. These actually remind me of the dolls my aunt made for myself and my cousin (her daughter) when we were younger, except with longer limbs. That was my favorite doll growing up (sadly the doll was lost after my parents moved houses many years ago) because it was the only doll I had that had black hair. Also, it was kind of a skinny doll, and I was a skinny child, so there was a resemblance.

Anyway, now I have a daughter and I've come across these dolls (there's a Ravelry group for people who make these dolls), and I can't help but wonder if my daughter would appreciate one. I found someone on Etsy who does customized Waldorf dolls for $190. And this is the doll my daughter says she wants (I don't always trust her*, after all, she's only two). But I suppose my question, and it's rhetorical, is this: if I tried to make one of these dolls myself, how badly would I mess up?

*--A couple nights ago Itty Bitty asked for more rice on her plate. I told her she could have more rice when she finished the rice that was already on her plate. She told me she'd eat it, and to trust her. . . where and when did she learn that term? This week she also demonstrated that she understood tomorrow too, as in "Tomorrow I want to feed the ducks at the park." We went to the farm instead, but it was still a pretty cool sentence.