I've thought of it too
Actually, I spent quite a while trying ot figure-out the best way to either make myself a fan controller or to find the best one being made. I've looked a using potentiometers (the same thing as a light dimmer), but the availability of these is limited. The dimmers used for home lighting run on 115Volt in North America, compared to your fans (and main PSU rail) which run on 12Volt... Now technically you could put these on resistors to lower the voltage, but again the problem of cooling it (since it gets hot dissipating the excess voltage) and then the price of the finished product... Another solution is potentiometers aquired from an electrical supply store. These are about $4 each, but only provie 5Watts at 100ohms - not enough to run a Tornado without needing heatsinks for it... not my idea of "ideal", besides the fact that this only allows you to run down your voltage from 0 to 12, and the Tornados need a minimum of 7volts, which means you're restricted... again, the Vantec fan controller deals with this problem, since its always giving an output of 12volts, but in bursts, so you can successfully lower fan speed more than with a potentiometer (or "rheobus") bused fan controller...
Now as for price, figure this:
- 4 channels, 4 potentiometers, $16
- 4 knobs, (at least, from RadioShack) $4
- 4 potentiometer heatsinks, $8
TOTAL = $28, the price of a Vantec Nexus fan controller.
Now even if you decide to use dimmers, look at the price first (a dimmer is about $5, x 4 = $20) plus a LOT of moddifying. Now I understand the satisfaction of building one yourself - TRUST ME - but its just not worth it, unless you only want/need 1 or 2 channels with limited performance..
Ahhh! It's 2003 and wait, whats this!? My computer didn't blow up! ... Well damn, there goes my new Athlon @ 333FSB and my inssurance claim... heheheh