I did as well, and wouldn't hesitate to do it again. But probably not for the same reason you're looking at. I actually think while hangar doors are expensive, none of them are really out of line when you take all the *real* expenses a business has in to building one. Simply quoting the cost of steel is misleading.
Having said that, my 42 x 12 was on par with daed's in cost. I actually didn't set out to make a hangar door, I just procrastinated on having one built, and then had 3 birds in the barn when I needed to leave e the state for a while on work. So, a quick weekend push before I left and I had my temporary bifold hung... 8 years later it still goes up and down and since it runs on a 12v hoist whose battery is solar charged it's a pretty economic deal.
I tend to agree with TR, these things aren't rocket science. I am always amazed that as a collective group, most of us have either built, rebuilt, refurbished or at least contemplated doing one of the above to an airplane... A vessel that has no shortage of ways to eat your lunch. But a couple of panels to close a hole and maybe a motor or rail involved and automatically we are going to get chopped by our own giant home-brewed guillotine
Mine runs on cables... Just like your airplane. Do the math, size (and maintain) accordingly, and the outcome is as predictable as pie. Do not use a winch, or at least just any winch. A hoist has a mechanical brake. Some winches do, but not many. A couple $1.99 limit switches will keep friends or family from running it too far down or up.
Take care, Rob