I think $500 is a reasonable price for this frame. I have the Grace GMQ Pro and I like it. I have it set up for King size and I'm able to do all size quilts. I'm one of the users who had no problems with their grace frame. The frame can hold up to an 18in. machine if you decide later you want more quilting space. I bought my frame and Janome 1600P DB from Sewvacdirect.com in 2006 for $1995. I like making the tops more than quilting them so this frame suits me fine. I've thought about upgrading but I like the saying goes, "If it ain't broke, don't fix it."