Along those lines my wife put this together for me from old T-shirts.
Thanks for the compliment Patrick & Mrs WD, it looks better on a bed than it does hanging for that picture.
Baz - It's hard to say why people would pay that kind of money. The quilt you linked to is probably made in China and cranked out by the hundreds if not more.
A quilt done by a true quilter is something made to last a life time. I know that with the time my wife puts in on even a small one, that $80 would barely cover the cost of material.
I quit worrying about how much my wife spends on material, machines or anything else sewing related as it would be...well, mind bending. For most of our marriage I've had more $'s tied up in her sewing machines than in my former P-cars.