Just judging by the parts required to do a build, it's going to be a good deal more than that, even if someone wanted to spend the time to purchase things up for a "group buy". The power supply alone is still $60, even if purchased 10+ at a time.
Check out the full thread, first, but I think you'd be pretty well off if you just follow Gina's original spec and BoM - it's about $350 in parts. Her doing a group buy just saves you from adding the stuff to your shopping cart on two online stores, and that's about it. I'm in the middle of grabbing my parts right now!
Anything I can do to help in your build ? One problem builders have run into is the case drop solenoid from Jamco is no longer available. To replace it just look for a 12 volt solenoid that has at a min .5" pull stroke, if not more from any vendor.
Gina