I originally was thinking about building a live well into my boat rehab. A bit expensive since I wanted at the bow, but the more I thought about it I really don't need one. I don't plan on entering any fishing derby's so I don't need to keep the fish alive. A nice size cooler with ice will work just fine. I don't need one for bait, I use lures or worms. If I decide on bait fish, again cooler with a battery air pump.
Just something to think about.