While many LEGO pricing decisions are egregious, this one is surprisingly fair. Build quality is also much better. Looks more like what it's supposed to be, colors are more uniform, and the treasure chest isn't just a brown crate
I do sometimes wonder if we calculate the prices of sets wrong, like, realistically we should allocate a portion of the cost for the design and research thst goes into a LEGO staff member (or more likely team) making the set, and then the actual cost
But maybe that's me getting myself twisted up with how small sets seem reasonable but the large sets feel insane until you factor in Dev time