Is this a good or a bad thing?
On the other hand, if you're working on something as a hobby or something where you don't have the same constraints, then reinventing the wheel is a great way of learning. You can learn about things, how they work, and how they're designed, but unless you try to do it yourself, it's much harder to grasp why things are the way they are and not some other way.
Regardless of the context, it's important to make sure you limit the number of things you reinvent. Otherwise, you'll keep reinventing and never make any progress beyond what has already been done.
- does anyone wait for and pays for the result, or are you just practising / learning?
- can you list at least one thing which is not correct/optimal in the existing project?
- can you explain how the existing project work?
- can you say before starting how/why will you do better than the existing project?
If you just practice - do what you want. If you do real work, better prepare answers for the other questions. Both for your justification and for when you're asked why it takes extra time and why are you not using X.
It's impossible to say if it's a good thing or a bad thing, since so much of it depends on the programmers, the business, and the libraries you are replacing.
Fun side project, maybe write your own. You are Solo or tiny team, maybe write your own You know why exsisting libraries have problems, write your own. You have plenty of customers, and need to scale beyond what other people are doing, maybe write your own.
Adding dependencies to your program should not be taken lightly. Rewriting something that you can get in "a few lines of code" from an existing framework should also not be taken lightly.
In general, I lean towards using existing code where possible because it lets you spend your time writing new functionality for your own code, whatever it is. However, I never want to pull in a dependency just for one function---dependencies have their cost so I want to be sure I'm getting a lot of value as a result.
Technology keeps reinventing itself and usually needs a different model wheel than the ones produced earlier. Sometimes it could be an old forgotten wheel re-imagined on the new technology or maybe some slick shiny wheel that starts a fad.
Until we have technology more universally stable (processor, platform, etc) we will be reinventing wheels.
For your case, did you try the other methods? did they work? can yours do better? If you can prove progress/advancement its good, if you just want to do it, might not be so good (at least while at work).