I did. Less than a thousand dollars, 80 minutes long. Haven't done anything with it.
My advice would be: read up on Robert Rodriguez, i assume you have no budget and he has a lot of good advice on doing cool stuff without money. Trust no one. Commitments are meaningless if you aren't paying anyone much or at all. Be prepared to act as your entire crew. Also, be prepared for everything to drag. If you want quality for cheap, its going to take time. lots and lots of time. for me, what was planned as a two month shoot dragged out to three years. be patient, and be prepared to dig in for the long haul. also, something people don't talk about is the logistics of data. you're going to be dealing with hundreds of gigabytes of footage and even more once you start editing. buy some giant hard drives and make sure you have access to a computer that can handle that.