Let me preface this by saying I wouldn't do it myself, so do value those that do, however..
My DP is a photographer, and he mainly does fashion, so we do understand the costs involved. (He has the full studio kit etc) And definitely don't think they should be charging in a way that undervalues their skill. But we just can't justify spending so much on a photographer for 2-3 hours work maximum. It's crazy, DP doesn't charge even half that much and he's no amateur!
So it grates no end knowing that the same photographers (in some cases) will charge so much less for a normal on location portrait session (so no difference apart from the event) than they would for a wedding. Is it the use of the "w" word? Does the use of it in some way contravene a law and so requires extra money to pay off lawyers? What the hell?
We just wish we could clone DP so he could do the photos himself, rather than all this fuss finding a good photographer (understands f-stops, ISO, shutter speed, and that photoshop wont fix bad photos) who doesn't charge the earth.
AIBU to think the prices are insane?