Heck, I paid less than that in January to build a machine with a Lian-Li chassis (easily avoided expense, but I'm picky) and an 8800GT (back before the price cuts). One could build a machine with the same specs for almost half what I paid now.
Oh, I paid 1300 for it that November, back when the 8800 GT was a super premium part and going for way way more. I was running out of time on my evga step-up. The other stuff was probably a bit more, too. Got a sweet deal on an NZXT case that's treated me great so far.
You can pretty much assuredly get it for less than a grand now.