Its interesting that those sites are flooded with "create" but never "update". Version 0.00001 of "a copy of ebay with facebook integration" (true example from getacoder) will only cost $5K... What is the site for "OMG we need version 0.00002"? Oh we already have those, they are the established $500/hr contracting sites.

There's a Hollywood movie trope rolled out every 2.8433 years where a rich guy goes back to university and tries to buy his way past projects and tests. I always kind of imagine some rich kid in "Web Programing 317 section 7" contracting out his final project. Now that tuition is so expensive, $5K for a final project sounds more or less reasonable for a kid who just wants the credential and not the education/training. There should be some kind of ethical filter where if you're obviously trying to contract for a stereotypical final project around the end of the school year...