BLLOYD Lotus Notes does NOT do everything this application does.
Daylite is more in the same league.
Full-fledged CRM applications are typically fairly expensive. Elements SBM is quite a bit cheaper than SalesForce.com, which is fairly equivalent (but with more maturity and more functionality than this app). This is a nice looking, well functioned CRM app that is a hosted service. Its closest competitors are SalesForce.com and SugarCRM. Daylite has you host the database itself.
For a sales organization these prices are not really out of line. It's not consumer pricing, and confusing it as so misses the model. Of course, the people who crab to high heaven about the $50/year pricing on Daylite's iPhone connector also miss the mark with how cheap it is, all things considered.
(Version 1.1)