I started building one about 5-6 years ago, and ended up selling off what I had when I moved as I didn't have time/room/tools etc to continue on.
The truck here shown on the right is what my cab/parts went onto become as finished by someone else.

The two T's to the left of the truck belong to long time friends, they build the truck for one of their friends.
I think the thing I can appreciate most about rat rods is that no matter how hard you look, you will probably never find one that looks like another. (Ie: cookie cutter cars). The amount of individuality each one has always seems to impress me.
I'm hoping to be starting one this winter.