Pah, another iterative upgrade with a hefty price tag...
Hey - remember when $50 was what you expected to pay for any kind of boxed software? It used to just be the baseline! Free and $.99 apps have ruined people's expectations.
Then again, those are not the target market.
So it is comparable with entertainment products or other professional tools used by hobbyists.
$50 doesn't buy many hours of entertainment in movies. Video games are better value for money. Fishing rods, woodworking tools, knitting supplies. Compared to these things $50 seems like a low end expense.
What were you comparing it to?