I paid $7200 + tax for a new H16 in June 2006. I added 6:1 downhaul, a hotstick, and changed the white EPO's to the Kevlar EPO's, (mostly because I needed a good set of rudders/castings for my H14, probably wouldn't have done it otherwise) I didn't have $10k into that boat, even with a set of cattrax and a trailer.

Just my opinion, but the plastic boats aren't cool enough for me, but I'm shallow, and like cool things. $20k for a boat is still pretty cheap IMO for what you get.