Yes, it is possible to make an e-stim device yourself, and with a little bit of knowledge it is quite safe. You do not have to be an electrical engineer to build one... (I can say this, because I am an electrical engineer and therefore this stuff is no mystery for me).
The number 1 forum for information is:
http://www.smartstim.com
as already indicated in one of the replies.
Here you can find information about:
* basic electricity knowledge
* stim devices (DIY and commercial)
* signals
* electrodes (DIY and commercial)
* lots of user experiences
But there are two considerations you have to be aware of:
* safety
* financial
About the discussion of safety:
To my opinion, cooking is much more risky then electrostim play
* You have to cut meat, fruit or vegatables with a knife: the possibility to hurt or injure yourself is not remote, I believe everyone once in a while cuts himself accidently. But, serious injury is also possible, but the risk is much lower: people kill others or themselves with knifes as well, and it is much easier to kill someone with a knife than with the homemade electrostim devices.
* Also, you use fire, gas, oven etc. Everyone sometimes burns himself. Serious life threatening injury also occurs, but less frequent.
It is all about being cautious. Sometimes you will be shocked a bit, everyone who experimented with selfbuilt devices has experienced this. The current required to give pleasure to male genitals is much higher than is pleasurable on your fingers, arm or leg. So if you accidently touch one of the electrodes with your hands, or the wire with clip slips off and touches your thy, OUCHH...
But that is not serious injury.
Yes, of course you should not play with electricity directly from a walloutlet, that´s just stupid, but even a shock from a wall outlet does in most cases just cause a bit of pain, or unpleasant feeling, but no serious injury or death.
To my opinion, driving a car, or just participate in the traffic is another example of a way more dangerous activity.
Financial considerations:
Creating your own equipment is fun, and can be economically attractive, but it is still development, and you might end up with several ´prototypes´and ´builts´ of your system. You´ll spend a lot of time, as well spend more money than you inicially anticipate.
So, if you are not excited by just the fun of building Do It Yourself stuff, you´re better of by buying one. But start saving for decent equipment like the equipment from Erostek, because simple TENS is quite boring and to my opinion not very pleasurable. It buzzes like a cheap vibrator.
Like all sex, it is about how you use your devices and imagination. It is the intimacy, the lightning, the excitement, the lust, the sensuality, the music, the noises, the smells, the love and care, the trust, the fantasy, all important ingredients for a pleasureable experience. Just using the technique of rubbing your genitals or clit or someone elses does not lead to an unforgettable experience, the above ingredients are as important.
Dr. Intimo