think of all the bad things that can happen
-short
-power spike
-lightning
-cat pee
-pulling more juice than rated
-pulling max rated juice
-room temp
now think how it will affect your psu, can it burn a house? can it pass line voltage down to the device it is trying to power?
then you have interferences - will it prevent your mother in law from listening to Sermons on the radio (dont know if its a bad thing tho
), how about power factor? other supplies on same line?
best to just get a ready made psu and be done with it
just avoid chinese crap