If you are a difficult to find size, $700 is totally worth it for a RLBL suit. Solid black is questionable though as others mentioned. I paid $900 for a solid navy notch lapel RLBL a couple years ago and find that I always go back to that suit for most events. It is one of the few cuts I've found that fit me properly for an athletic build w/ a large drop. Most other brands either don't have enough of a drop or are too slim. I wanted to add that I know others mention finding suits for sub-$400 but I think that is the exception rather than the rule. I went to 2 RL outlets in southern CA over the holidays and neither had a single RLBL suit in my size, let alone a solid.