We just started the 'meat rabbit' project in August. Got the rabbits as a birthday present for BIL. We've got 2 does and 2 bucks right now. California&NewZealand
One doe is proven, and has 10-12 kit litters. The other is brand new (6 months old) so we'll try breeding her soon. We are waiting for the first litter....should be in 2 days!! (we tried about 6 weeks ago, and never had anything happen)
We did estimates, based on the 8 kits/ litter, and thought is was reasonable enough to try to replace all our chicken consumption with rabbit meat. (we don't grow meat chickens, so we buy that meat from the store). It looked like 3 does and 1 buck would work nicely for that purpose, but we just bought what we could find locally, for starters.
They ranged from $15 for the young, unproven one, to $24+1hr.driving cost for the proven doe.
Edit: We've heard that rabbits squeal horribly when you kill them....it "sounds like a child's scream". This could be a big draw-back. We won't know if we can deal with that for another 4 months or so.
We chose plain white and plain black rabbits...we figure if all the kits look exactly the same, we are less likely to get attached to them and want to keep them as pets instead of food.