Hate to rain on your parade, but in this hobby $30 is a small price to pay. I've seen people mention that you can use the optics from the PS3 laser sled, but I couldn't tell you how to. This may be a question better suited for the optics forum rather than here.
Also, as with any sort of optics, alignment is critical. Investing in some of those GB items would probably be a worthwhile investment. I'd say save your money up, or if you don't have a job, find one, lol.