Yes the theater is excessive, but it's clear that this guy has plenty of money to burn.
Scary... The picture with the "view outside" - I recognize the make of the playground set out there. www.rainbowplay.com - they are high-end but VERY expensive.
REALLY scary that I recognized the playset by sight.
I like it. I think the style is a bit over the top (especially the curtains and faux sky). I'm going to eye-ball the figure at least $100,000, depending on the actual speakers (some of which can run into six figures as well).
I'd say that figure is way low. The gear in the rack alone is probably $30k. Add in the projector, a good screen from Stewart, and speakers, and I wouldn't be suprised if the gear budget alone is well over $50k. Heck, I spent $16k on my gear and it's nowhere near that level. Well below half the price.
I'll confess, though, that the images never show the speakers. Who knows, he might have $300 a pair in walls just wallpapered over! I doubt it, though. While the focus in the instal seems to be on the asthetics rather than the sound or picture, it still looks like solid mid-level gear. I'm sure there are speakers to match.