Depends on one's definition of "reasonable" these days. The photographic markets are light-years different today than what they were 10, 20, 30, or more years ago. I know because I can remember.
Those of us who still practice those ancient ways—and hold on to those ancient definitions—are becoming more and more the minority as time marches on.
My guess is that those who are currently using TIP products of all sizes will indeed look upon the quality of the images in this new and improved version, as well as the price points, as just fine.
I doubt TIP would continue making it (and upgrading it) if they weren't selling it. And they wouldn't be selling it if buyers weren't happy with it.
Ken