I voted yes, but there's some caveats.
I'd replicate if you had an outside engineer/producer work with you. If you did it just at home by yourself, I'd have to say that unless you're a real gear head and have an ear that can hear your own imperfections, I'd say no -- make some copies on your own, but don't spend the money to replicate 250 or 500 CDs that you might hate in 6 months. If you think that a label (big or small) would release what you have as-is and is presentable at shows, go for it.