In the U.K. there is a magazine called 'Back Street Heroes' which features (for the most part) home built specials, low to medium budget customs with the occasional OCC-type bike. There is always far more feedback on the bikes built in sheds and lock-up garages than the mega-buck creations that are un-rideable on British roads.
Surely a chop should be something you build yourself, from parts you begged, borrowed or stole. A bike that reflects you and your aims cos you built it. Should it be a mega-buck trinket that you wrote a cheque for and maybe gets ridden on sunny Sundays ??

That ain't my idea of a chop or custom !!!