ooooooh, over-priced in my view. A good shearling will set you back a little naturally, but I think if you shopped around you would get one for a better price. Having said that, I agree with pink shearling is very nice (all of them) - I actually prefer the ones with the fur trim (1 and 3).
Try here for some shearlings (but I guess these will be equally as expensive)...
Shearlings
More Shearlings
I suppose the best time to buy these things is when it is hot. Have none of the stores that sell them got any good sales on??