You feel that thrill because you haven't experienced this mining shit at worst when shit literally hits the fan. Because for me it just happened again. Another fan broke from R9 280X. This hardware just ain't going to last full throttle use for years, few months maybe if you're lucky. Then you can wait weeks to get a replacement from warranty. I have one card already returned and now i have to go return this one too. Or you can spend for high-end cooling which by the way will cost money.
If you are beginner then you will probably swear more than once when you find correct settings and other minor things.
But if you really want then go for it. I just think you would have a better chance to invest that 1k directly to bitcoin, convert it to alternate currencies and start trading.
And what about asics then? Well I bet those chips and fans broke down too. And it will be very hard to get replacement parts. I still have a chance to sell my gear to gamers or start to play WoW or internet poker myself. Asic gear will be just junk and worthless.