I'm coming to this discussion a little late, however as someone who sells work that might be considered an "elitest" price ( prints start @ $600 for 11x14, $1000 for 16x20 and $2000 for a 20x24, galleries usually get a 50% commission) I'd like to give people some understanding of why prints are priced the way they are, at least by me. I can not speak for others but I can assume that my circumstances are not unusual for those who make their sole living selling their prints. The simple fact is that it is a very expensive, time intensive and risky business to be in.
I travel alone 3-4 months a year, that's a lot of motel stays. I drive 30,000 miles a year in an SUV that is much larger and more gas hungry ( usually I average 750 gallons of gas, 12,500 miles on a trip) then I would ordinarily choose, if not for the fact that I need to carry enough gear and supplies to last me nearly 2 months at a time on the road. When you do this for a living you don't sleep in or go out and shoot when you feel rested or in the mood, you shoot 7 days a week. In my case for usually 6 straight weeks at a time. I've stayed at so many different motels on a trip, 28 motels in 42 days, that when I got home I handed my wife a credit card and requested a non smoking room with a queen size bed. If I'm lucky i'll get 8 usable images a year.
The remaining 8 months a year are spent processing film, printing, spotting , matting, mounting and packing mounted prints for shipment. All of which loses it's luster a bit when you have to produce large volumes of finished, mounted prints.
The costs of travel, equipment, facilities, supplies, insurance, travel, packing materials, etc really add up. And for all you invest in time, money and effort, there is no guarantee that you'll sell a single image. Even if someone is charging an elitest price for a print doesn't mean they're actually making much money from it, especially for the investment of time.
If your goal is to disseminate your work to the masses at an affordable cost, the alternative is posters, something which I have chosen to do also. Some artists choose not to license posters of their work because they believe that it will lessen the value of their prints. Personally I don't think that is the case. I think there is a different market for prints and posters. While it is true that hundreds or thousands of dollars for a print is a lot of money, and is very much a luxury, it is pretty much the cost required to produce the work.