I'm the dumbfuck that originally posted the 160 hours number. The only thing I'll say in my defence is that it was written in October 2008, two years ago. It certainly didn't take into consideration the many hours of development that have been done since, and the hourly rate was based on actual searches I did on freelancer sites.
I wasn't actually high. Just stupid. If there were a way to 'unaccept' an answer I'd have done so long ago. The user 'schwa' corrected me long before chockenberry noticed.