Hmm. I don't quite see how you could beat US$99 for the MSP-FET430UIF USB debugging/programming interface from TI, or US$49 for the MSP-FET430PIF parallel-port debugging/programming interface, by trying to design/build/test something yourself.
The MSP-FET430UIF also is part of TI's university discount program and is 50% off ($49.50 instead of the $99), not sure what the details to qualify, but contact your TI rep.
I like MSP430's; for a basic low-end microcontroller they have been the easiest series for me to use/debug because of the development tool set.