I haven't priced everything out yet, no. But dNTPs for 2500 50ul PCR reactions costs $210 from Qiagen. So given that and the few cents it costs to grow a yeast culture (to stitch DNA fragments together), I'm sure $300 per bacterial genome is fair, at least once the system is up and running.
Also, remember that once the chip works it would become trivial to produce your own enzymes for the reaction, just as it more or less is now with recombinant plasmids.
-L
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[DIYbio] Re: Ultra-Cheap DNA Printing/Sequencing
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