Here is the final budget of the studio, which as you can see they really got bang for their buck.
Sanyo High Definition Camcorder – $349.95
Botero Chroma Key Green Background – $129.95
Smith-Victor: 4 Photo Flood Lighting Kit – $459.00
Shure Lavalier Microphone System – $299.00
Premiere Pro CS4 – Educational Price $190.00
Boris FX Chroma Key Software – $299.00
SanDisk 16GB Video HD SDHC Memory Card – $67.50
Slik 700DX Pro Tripod Legs –$99.95
Room Rental – $70.00
Cables - $50.00 – $80.00
Laptop Computer – $800.00
TOTAL (without laptop or CS4): $1854.35
Finer details of the studio set-up can be found in the PDF they were nice enough to provide, which you can download here.
In addition to CPDE's presentation, DemoFest included 4 other great demos. In case you missed it, a recording is available at the eLearning Guild.