There's a LITTLE skill to it, but not much. Nothing you couldn't learn in about......2 or 3 arrows....LOL The only real art to it is how much glue to apply. You could do it though.
Here is a list of what I would recommend, and opinons here are going to vary greatly.
1. Jig and clamp. The Bitzenburger is the best in the business, but it cost around 70 dollars (US)...I use them at the shop I work for, but I bought a Grayling ($30) and it works EQUALLY as well. And for as little as you would use it.....That would be the way to go.
2. What ever fletching you want. Blazers, 4"...feathers, whatever.
3. Glue of your choice. There are a couple I like; Bohing quantum XT and Pine Ridge. But to be perfectly honest, good old Super Glue works just as well. The bohning is around $17 and the Pine Ridge 10.
4. Wraps.
www.onestringer.com is the best there is. Mindy will take good care of you, and you can order pretty much whatever the heck you want. She'll make pretty near anything.
You can get everything you need to do it yourself for probably around $80. Shoot, you'll have more than that just shipping them back and forth.
There are a couple links floating around showing how to wrap and fletch, and it really truly is easy.