If that is the price for a non-limited slip including labor, then I think it's reasonable. Maybe even a bit high. The labor isn't that difficult and you might be able to source a 3.46 from an automatic (I'm assuming you have a 6 speed) that will fit right in.
This was one of the first 'performance' upgrades I did on my car. IMHO, it is one of the MOST worthwhile upgrades that you can enjoy in just about every gear on any street.
Johnny
2004 Imola Red over Black Leather. 6-MT, Navigation, Cold Weather Pkg (the wife loves them seat warmers!), 3.46 Diff, UUC Short-Shift Kit, Tranny Mounts, CDV Delete and iPod mount.