My diy rock just finished its cure...I think, lol! I made it with cement, oystershell, and perlite with just a touch of reef sand. I cured mine in tank and just left it to sit with a powerhead for 4-5 months...I've lost track, but, wasn't in a hurry. I only changed the water once, just a week ago at which point I had to clean alkalie from the cement off the glass to see into the tank...don't recommend curing in tank because of the heavy build up on the glass. I added vinagar to the new water to reduce ph, but, it is also helping to clean off the alkalie...added bonus!). I tested the next day and it read 7.4 on API test. I tested again today, a week later and the water is still at 7.6 so I think this is ready to fill with salt water. I'll let it set with the sw for another week to be sure the ph stays stable before I continue with setup.
this is actually my 3rd attempt at a rock wall for this tank. I tried the pond foam/dry rock on eggcrate first and it was a nice look and I liked the outcome, but, my design was bad and the rockwall was way too big for my small system, (29g at the time...it grew to a 37g, lol) In that 1st attempt, I couldn't get my hands between the rocks and the front glass, so, I ditched that attempt.
My second attempt was basically the same, but, I had been reading and decided to cover the foam with cement to make it blend better with the rock... Decided I liked the cement rock idea better than the foam/rock because the cement rock would become fully bio active like natural liverock over time, whereas the foam part of the foam/rock build would not...so I ditched the half started 2nd attempt.
My current attempt, I like so far...

It will be the main live rock in the display with only the small bits of real live rock attached to corals being the only natural lr in the display.
I think the diy walls are great ways to be creative with your aquascapes and *can* (but not always) save a lot of money. I love the creative side and the saving was important to me. IMO, if you don't want to wait for the cement to cure properly, you should go with the pond foam/dry rock style since it doesn't require a cure time once the foam is fullly dried. I found the foam hard to work with though. It dried so fast there just was no time to manipulate it or mold it the way I wanted. If you are only a very simple wall design, though, it is the fasted method and can look very good, too.