The FMA UE isn't bad, sure. But look at the Bebop UE from the same company. Or ~£30-40 for 12 episodes in a bog standard Amaray from any other company.
In jest or not, there's been plenty of times where I've seen someone parrot a similar statement, but completely seriously as a way to antagonise or otherwise get people to shut up about the modern pricing of anime.
Personally, the pricing of anime, is, and always has been, completely indefensible. I deal with it (and have been buying less and less lately, though mostly due to a backlog) because frankly, there's no other option if you want to actually own a show. Lately, I've been buying more Asian cinema (even more niche than anime) that are able to be released for more sensible prices.