Earth Defense Force: Insect Armageddon released earlier this year at 40 dollar price point for both the 360 and the Ps3....I picked it up on release day. It was worth every penny of that 40 bucks...that was the right idea for that game there.
And I'd have gladly paid 40 bucks for Shadows Of The Damned on release day. I don't think it deserves its current bargain bin price in various financial outlets...though I'm not going to complain about keeping a bit of extra coin in my pocket!