General questions about mining

Hi,
First, thanks for providing this forum. It has been a HUGE help in researching multiple topics!

I recently purchased an ASIC (Scrypt) and I have been testing for the last week. I have joined multiple pools and it seems to be working pretty well. The ASIC has it's own web interface and it is very easy to configure for mining pools. I started looking at setting up my own pool so that I could mine solo. I have been looking on the forum for an How to guide for p2pool solo mining scrypt. I've seen a few guides but I'm looking for the definitive guide, if it exists.

Here are my questions...

1. Is it a waste of time?
2. How hard is it to setup a p2pool? I'm fairly technical
3. How much ongoing maintenance is associated when setting up a p2pool?

I'm sure I left out a few questions but any insights would be much appreciated! Also, sorry if I posted this in the wrong place.

Thanks!