Yes, and with the Euro so strong, a lot of bike parts are very pricey these days.
Want a Kuota Kom? LOL! With Campy Record carbon, a powermeter, and a set of decent race wheels you are looking at $8,000, at least. Then you need a helmet, shorts, shoes.... <sigh>
"Love is the irresistible desire to be irresistibly desired."-Frost