Exactly, but for me, primarily its the fun part during the making process and the histeria when powering it up for the 1st time, and watching it runs as expected.
Watch that post, it has two threads and one of them was building from the scratch without any prior electronic DIY experience.
Easier ? I dont think so, just compare the component's count.
Also "not all" fan loved to be PWM-ed, certain models (2 pins or 3 pins fan) will actually noisier/louder if they're slowed down using PWM method, since the PWM signal's edge is not soften enough, and this "softening" PWM edges technique is not easy cause it needs trial and error on the "soft-edge" adjustment.
Worst once you found the right adjustment spot, it will be different on other model/type. Also the PWM circuit will screw up the RPM reporting on 3 pins fan that with RPM sensor, since it turns the fan's power on and off at high speed that affects the RPM signaling it self.
For 4 pins fan that has the dedicated line for PWM like the one at stock intel cooler, that is another story, cause it is designed to be driven with PWM signal, thats why it has extra PWM pin. But most of the times it will be plugged and controlled by the mobo circuit that already have the dedicated PWM signal for this kinda of fan. Not to mention 4 pins fans are quite rare.
I am aware that this linear circuit is not the best on it's efficiency at power consumption, but its really slowdown the fan without the side effect of the fan's noise caused by the sharp PWM's signal, and also if its used on 3 pins fan with the RPM sensor, the RPM reporting in most cases is not affected and will work as normal.
Of course the best undervolt circuit for fan driving is to use a switching power circuit that has the best efficiency, but that kinda circuit is quite complex, difficult to troubleshoot especially without proper tool like a scope, and DMM only is not enough, IMO is not suitable for electronic newbie.