You are right ChooseLife and that's why I applied in the first place.
But courses from Offensive Security like "Penetration Testing with Backtrack" ($750), "Cracking the Perimeter" ($1200) and Wireless Attacks ($450) combined equals $2400. About cost vs value, this is unbeatable to my humble opinion.
elearnsecurity and the hackingdojo also offer high quality courses for less than $1000.
And when I factor the fact I can study for all these courses at home (no travel expenses) and that I don't have to take time away from work, the choice becomes easy.
So yes, in the SANS world, this is a pretty good deal, but compared to their competitors, I am not so sure about it.
I just decline this offer. Maybe next time when they will come closer to my place...
OSCP, GPEN, GWAPT, GSEC, CEH, CISSP