It's not a lack of faith. I've been around body shops all my life, and i always thought body work looked easy. Then i tried it. I bought $600 worth of supplies and equipment, and rented a compressor. After a week of grinding, sanding, priming, taping, etc., I was ready for paint. I let a friend spray the car, and the paint looked really good. The bodywork looked like absolute crap.
My perspective is probably different from yours, too. Is it a nice car, or a POS? I would rather pay a little more for something that I consider perfect. I used to be happy with sub-standard quality if it meant saving a few bucks.
I've found that it's easier for me to concentrate on making enough money to pay professionals to do stuff for me.
Is the car metallic? Are you sure you want to use clear-coat? If the car is a solid color, you can get away with using a single-stage paint. You need to make sure that your Bondo, primer, and paint are compatible, too.
I'm really good at lobotomies. If you ever want to perform one, just ask. I'll be happy to walk you through the process. I would try it on someone else's head first though. :)