Elizabeth: Don't have actual experience myself, but my brother and sister-in-law framed their basement with formtech a couple years ago. It was the easiest way for the two of them to do it, and while my husband and I helped them put up the forms one weekend, that was as far as our actual experience went. They thought it was great, and it has held up well. No problems getting the cement truck to their local, which is a small town on the Colorado/Nebraska border. As far as whether it is less expensive, I don't know, but definitely easier if you are planning to do this yourself. What area of the country are you considering building in? GOOD LUCK, Jan(posted 9011 days ago)