Tony, I paid a bit less, more like $350 when I bought mine. I got one on one of those crazy deals of the day sites for $199, though.
Gary

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PSR-S950, TC Helicon Harmony-M, Digitech VR, Samson Q7, Sennheiser E855, Custom Console, and lots of other silly stuff!
K+E=W (Knowledge Plus Experience = Wisdom.)