yep that is a good deal.. in their time 1mb simms were usually around $35 each.. or so...
as a lot of others have said I think the prices are on par from the past.. maybe even a little better? the hardware of today does a lot more for your $ that is for sure.. I paid 699 for my 8800GTX at launch... definitely the most I spent on a single video card but never regretted the purchase at all.. I used the crap out of it for over two years!
Best buy has a brand new Laptop for $349 I remember when a cheap laptop was $2500 (or more).
I think people are just getting used to the "commodity" hardware and are not accustomed to "enthusiast" hardware. Not that I would ever spend $1000 on a video card. But it does seem in line with past enthusiast prices.