If you heard it, too, that makes it true enough for me. You'd think you could get a higher price than whatever the scrap value is, but I bet selling them for scrap is effortless.
For my money $40 at the LHBS is good enough. I think the days of $20 and $25 are long gone, though I remember them fondly.
As for scrap, here in Chicago there's apparently a rash of thefts of home HVAC compressors. Stolen in the night for their copper.
Someone stole two units off the roof of an animal shelter not too long ago.
But I'm WAY off topic...