very interesting thread. I've read all the comments and have come to realize that we make quilts because we love the craft. Women need an escape from the everyday life, it's our escape. Do we really want to do this for a living? Some of us may have a financial need to sell their wares, but for the most part, I would think, that for those we see on etsy, ebay, or where ever, the price could not be very important. Maybe it's just to get some of their money back and a little extra to continue their "love" for the craft. I know the grandmother quilt I made for my daughter took me 9 months from start to finish (it was hq). If I was making it for an income, then I couldn't survive on the selling price, which I would have sold for no less than $1000.00.
We should not be worried about what people get for their craft, after all, we do this because we love what we get out of it, and you can't put a dollar figure on that.
For these reason's I don't log any time or money spent. I do keep a book of the quilts I made,and who received them. This is all that I need to know that my time and money was well worth it, along with the memory of their greatfullness.
So happy quilting ya'll, do it for the love of the game.