I'm really offended Apple approved this app. I am the biggest capitalist but we have to draw a line somewhere.
Who's "we"? Who decides where the line is, you? What, is $99.99 too much for this app? $9.99?
The developer obviously has their own agenda with this too; as others have said it's more than likely a publicity stunt. So, now, factor that into the price, and the resulting sales for the "real" apps. So, seriously, what's the "correct" price for this app, that fits below your personally perceived "line"?
Apple said from the beginning that developers could charge as much or as little as they want; they'll take 30%, developer gets 70%. The store can obviously handle that level of pricing for whatever reason. If the developer is clever/stupid/greedy/whatever enough to charge $999.99, then shouldn't the dynamics of the consumer market be allowed to sort this out?