I want to get an idea of the budget required to make something akin to the Rock Band 3 character creator. We won't have the same level of detail for creating the base character, i.e. no face feature customization. We essentially want some very basic body sizing and want a bunch of clothing and accessories that the characters can try on.

The clothing and accessories need to adapt and fit to the body types/shapes. The character should also support movement...and the clothes should move with the body.

I've asked a similar question here regarding the development effort but not necessarily a budget.

Do you think it's a $1M job? Most of the effort will go into creating the character models and the clothing models. The rest of the effort will go towards the user interface to navigate the customization features.