It is expensive to me, but that is a very subjective thing. I think my Wife's purses and shoes are expensive, she thinks my electronics are.
Sure - it ultimately will be a subjective thing.
But reading the various discussions on AM over the last year, there do seem to be a lot of people of the opinion that it is over priced and a bit of a rip off.
That view is what I disagree with I guess - if someone typically only buys one album a year, that isn't a compelling reason for AM to be priced at $10 a year.