Cheap and chic?

One of my pet peeves is when fashionistas talk about "budget" items that are anything but budget. I just came across this article on the New York Times Fashion Blog, "The Moment" about Kelly Bergin t-shirts (which admittedly look absolutely gorgeous), which they describe as "cheap and "chic". My favourite line is "the best part is that most pieces are under $100, and none are more than $300". Um, that's US dollars people. Perhaps to Melissa Ventosa Martin who wrote the piece, that's a real steal, but for me? Not so much...