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youtu.be
Note that he said that you can do it without fully removing the driveshaft. (He does not show the steps to remove and install the driveshaft).
The tone ring itself is pretty cheap. And i think you might be able to get cheaper aftermarket options.
Do you live in the 'rust belt'? If so, any job on undercarriage parts can be more of a challenge than what you see on YouTube. Take the wheel off and have a look at what you are up against and you can go from there.
Also, I would only get aftermarket from an actual store or Rock Auto. The explosion of knock-offs on Amazon and eBay is astounding.