I don't think the price of this kit is really that far out of line.
A LeMans Miniatures kit of this type will normally go for $115 American dollars. Add in a decent size photoetch sheet for $20 more, and that's right about what you would pay for both items seperately.
Still, I like the idea of waiting on the Revell of Germany kit. That kit, plus the Carto decals and photoetch sheets that will almost definetly be available will probably cost less than half of this kit. And you get and engine to boot.