Probably closer to $2000 USD, which is still a fraction of what I had invested in my Magic collection before I liquidated it, and doesn't come close to what I have wrapped up in snowboards and mountain bikes. So yeah, since it's my only nerdy hobby these days I don't feel bad about it at all. It goes pretty far in terms of scratching my gaming, modeling, collecting, and general entertainment itches all at once so it seems like a pretty good deal to me. I've even bought the vast majority of my collection at retail from my FLGS, just to support them in supporting my hobby. Of course I'm not married and don't have children to support, but my girlfriend actually finds my passion for the hobby kind of endearing.
Bottom line, money well spent for me - FFG and my FLGS will be getting more from me as soon as the new bases, dials, and of course new ships are out!