I've been buying the heck out of Ammo at Wal-Mart lately. 10 bucks for 50 9mm, 15 bucks for 50 45ACP. While not "cheap" it is cheaper than it's been in quite a while.
I think the price will settle down a bit, but never back to the 1990's prices. I just hope for the day when I can get 45 colt ammo for less than 30 freaking dolars. My coyboy guns are just collecting dust right now.