It's still noticeably less than what iM@S 2 started off with -- by roughly half the margin no less.
Eh, it does give one an excuse to actually play the the game so there's that at least... can't have my songs going without Extend, after all. 
I get the feeling that that's the point, if I'm to believe the no-end to a playthrough, considering in 2 you'd only ever be able to use a few songs at once.
Meanwhile, guess who just got her copy...
The box is dualsided, too. Yes, that's my thumb, and I apologize for bleh quality >>; (Also, I'm not sure what the Haruka image - it doesn't appear to be a folder or the like, haven't examined further - is, but the back appears to have adverts for other Playstation games, so)
I got what I'm to believe is the costume code in a small box that contained the cleaning cloth, and all the posters, rolled up, in a small box inside. The ML/CG codes were inside the game packaging, which makes enough sense.
I haven't yet checked out the calendar nor the drama CD yet and at this point, I'm a little more interested in firing up the game - so let's see what it's like to start!