This is a tough item to find in collectible condition. The seller is correct - this is a large, impressive item. The asking price is too high. SGV is $175. He has placed a "Make Offer" option to the listing, so he knows the asking price is aggressive. If you want this great item, I feel the outer edge of the pricing atmosphere is $225.
09/06 Update: Someone with a deep pocket actually paid $345 for this, surely a new record.