Tell us which is better and why: do-it-yourself or outsourcing to a contractor?

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Planning to renovate a room in your home? Will you use a contractor, or roll up your sleeves and smell the caulk? The "Do It Yourself" movement is in full swing thanks to "Mr. Fixit"-style TV shows and a plethora of Home Depots. What advice do you have for the DIY-er about to embark on a raft of sheetrock in search of adventure? greetings. : )