No. And you don’t need to be in the top 1% to afford tickets for $150. I live in a modest condo and don’t drink alcohol. This allows for lots of travel. Of course I also teach four extra courses in the summer, 2 each semester, 2 in winter to increase my earnings. Still doesn’t pay for caviar, I’m afraid.
It's similar in price to a WDW 1-day ticket.
So really, there are a couple ways to analyze this:
For someone considering visiting WDW just for 1 day:
For a regular 1 day ticket, you could spend about 12 hours at Magic Kingdom, mostly in sweltering heat, long lines and high crowds...
Or for about the same price, you can spend 5 hours (admission at 7pm) in the cooler evening and night, mostly with very low lines and low crowds, and with some special features.
Under that analysis, $150 doesn't sound so bad. In fact, it actually is a pretty good deal.
The analysis where it seems like a lot, is where people are adding in into the price of a multi-day ticket.
A 6-day regular ticket for WDW in August is about $500, maybe a bit more. So adding another 30%, "just for 3 hours" seems like an awful lot. (An argument could be made that Disney should offer a different price if you're adding it to a multi-day ticket, instead of purchasing it as a stand-alone ticket. For example, if you already have a multi-day ticket that includes the DAH day, then you can "upgrade" it to include the DAH for $79-$119 instead of $129-$169)
Of course, now that they have eliminated night time EMH.... I wonder how that affects DAH sales. Guests can no longer wait for their "free" EMH if they want a late night in MK. Purchasing DAH is the only way.