As a new person to woodworking i have a different perspective. I look at live edge as a way to get me into the hobby and world of wood working. Starting into wood working and trying to do all these fancy cuts, dados, mortise, etc. I do not have the skill set nor the patience to do them so I don’t do woodworking.
What live edge allows me to do is get started into wood working. I cut my own planks, air dry some and send some out to be dried, router them flat and now can make some tables, shelves and benches. While this may not be satisfactory to “experienced” wood workers it gets me into the game and allows me to grow my skill set. (kind of like a par 3 golf course vs a US Open country Club). A different customer base intended for different skill sets.
I have raw wood that came from a family property that I helped plant the nuts as a kid. I can make functional furniture that meets my needs and others in the family are asking for ones to be made for them. I am making floating shelves for my daughters house rather than them being purchased.
So in my 60’s I am a Blacktail Studio junkie, some may hate this, but it has inspired me to get into woodworking because it is something I can do. Where watching Norm Abram on the New Yankee Workshop years ago make a $50 table with $125,000 worth of equipment did not inspire me. I can make tables with tools I can afford (yes the Festool ones are a great upgrade I will admit to that and the sustainers are multiplying quickly

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Will I end up building a true masterpiece….maybe…maybe I have already, as the items I make for the family as quite cherished. So for now I am making items I am comfortable in making. Eventually I hope to advance the skill set where I can get better and maybe someday make something that uses the great uncles 80+ piece chisel set and put it to good use rather than it collecting dust. Without the live edge journey, the chisel set would never have a chance to be used, this way it does.
I do agree with the original poster, somehow Menards planked wood does not seem the highest quality, but, hopefully it will inspire someone to start the journey and become a great woodworker.