Genkernel!?! You kids are spoiled now!
(The above only applies to those younger than 20, otherwise I'd have to call you old people :p)
I started using Gentoo...a long time ago, when it was Gentoo 1.2...I think. Maybe 1.4. Back then, you pretty much had to do everything yourself, which coming from Redhat and company, was quite the challenge. However, I was so naive, I rolled my own kernel and had a system booted before I even knew what the hell I had done. When my computer booted up, the first thing I did was go to my friend who preached Debian, and told him, "rolling my own kernel wasn't hard, what the hell were you talking about?"
make menuconfig/oldconfig are the only way I use Gentoo. It's by far the cleanest, it makes you learn a lot about how the computer works, and unless you're either lazy or administering a bajillion different computers, I don't really see any excuses to not use menuconfig. Keep in mind, being lazy is a perfectly good reason and I'm not dissing anyone who is lazy

. It's my personal belief that part of the "Gentoo ideal" is to teach people a little bit about Linux by making them do a bit of work on their own.