Is the work you will be doing on these "interesting projects" the thing you would pick if you were a multimillionaire and didn't have to work?
If not making as much as you possibly can, with the lowest living standard you can get away with is a better bet imo. I can't imagine any place letting me work on what I want when I want to all the time, and even if there were such a place what happens when I invent something? My name is on a list with a bunch of other mostly unrelated people?