Yes. I think the walk-away cost to have a "loggable" PCATD is north of
$3000. As an example, I think ASA is cheaper than Elite and they want
$3,195 for their setup (http://www.asa2fly.com/category1.asp?
SID=1&Category_ID=15&).

Wow... for that kind of money, I could get a solid 15 hours of
training in my flight school's wrap-around screen flight simulator, or
30 hours in an IFR equipped 172. Assuming an IPC took 2 hours, done
every 6 months, that'll last a good 7 - 15 years. Wouldn't exactly
make me feel safe about being proficient 5 months down the line tho.
(assuming no other instrument training / practice done in the
interim).

--
Guy