Yes, it does. But the features and improvements you're getting for that money are worth way more than the tiny price. (I've been using Xara since CorelXara days, so I have a pretty good baseline for comparison. )

Another thing to consider is that the farther back you are in the version history, the less likely it is that we'll be able to help you. Other than this current offer, XX2 is not in the upgrade stream. If you decide to upgrade later, you'll have to pay full price.