At least when you look at what the guys from Postgraduate Type & Media are doing. Yesterday, they had their last pre-presentation before the final one in June. And let me tell you, this isn't some cheap-ass modular font stuff that can be done in three days – this is the real thing: making letters from scrap, forming each one individually, searching for perfect angles, curves and legibility. When you see all the things that you have to watch out for, hence how much effort is involved, you come to understand why it takes at least a year to make a worthy font.