I hate the idea of spending hundreds of dollars on a cake. Absolutely hate it. I'm spending thousands on food and such, and I really don't see the need to spend yet more on a cake. Budget isn't an issue here - FI and I can afford it and my parents are helping too - I just despise the idea of spending that much when I can make a cake that I enjoy perfectly well for about $2 (obviously, I'm not the type of person who really cares about ornate decorations and such). I also haven't seen any cake designs that really appeal to me, and I don't want to pay for something that I don't particularly like.
So, what are some less expensive alternatives? Are cupcakes any less expensive than traditional tiered cakes? I hear that sometimes people do a small cake for the traditional cake cutting, then sheet cakes for everyone else; is that considered acceptable?