It's not worth that much, but surely is not mediocre. The online promos are among the hardest cards to get your hands on of all..
It is just that, over time, you lose all grasp of any REAL price levels. The more valuable cards, i.e. certain promos, hunters block cards etc, are not that often up for auction for $1, but people come across the inflated buy-it-now's, when they look for these cards all the time, and they start to get used to seeing these prices. That way, a 0P127 will sell for $400 in seconds! ... Think about it!!!! $400 for a non-MTG card!!! Only because a few people are stupid and gullable enough to pay that much for a couple of these cards!!!! It is not reasonable!!!
If you see something often enough, you start to believe that that #$&*@! is real! That is the problem!
Actually, I was able to get very decent deals from geekgee when the seller started out. I would win 1-2 cards and negotiate for more off-ebay and get good prices for the lot.
Sorry, folks! Rant over!