This project was inspired by finding a couple buckets of large nuts and bolts at a junk yard, and then deciding that i wanted to learn to weld. This project is great for your first welding project because if the welds are a mess it won't ruin the piece. There is not much measuring to do and if you make mistakes they are easy to fix or else they don't matter. You have a lot of flexibility on your choice of parts and you can easily build the hand at whatever size you want.
note: do not use galvanized nuts and bolts because they give off poisonous fumes when you weld them.