Yeah, its a good price for a great piece of software. Only problem I find with it is that I always get lag/latency when recording through it, so I use audacity to record guitar parts, and Reaper for drums/midi and mixing/adding fx. Maybe the lagging is just my computers fault anyway.
Someone on HC recommended it to me, he prefers it over Cubase and Protools etc, and gets great results with it, so it cant be that bad.