I too would rather do appliances or silicone mask...but for an original $40 investment, this is what I did the past couple years:
most recent (yes, my wife lost a LOT of weight and looks great!):
The mask is the officially licensed one that came out around the time of the movie.
I want a back-up mask really bad...can't believe this one has not plastisized or whatever they call it.
The way the mask is formed, it fits my head really snug.
It never makes my skin burn, and the mouth is shaped in such a way,
that I can articulate the mouth when i talk..or get those wide open laugh shots. I usually drink thru a straw while out so I don't break character.
On the rear of the neck, it is embedded with:
1994 New Line Productions Inc
Cinema Secrets
The zoot suit was also packaged with the licensed mask.
The pimp hat, I had to get.
Generic white tuxedo shoes.
For the Carnie version, we made the vest.
Bought the straw hat, cane, and arm garters.
Black slacks.