I read on the various boards how crappy the current surplus market is at the moment. I cannot deny that ammunition is horrid compared to just 5 years ago. The War on Terror has sucked the ammo market dry. Add to this the cost of raw metals and it actually can hurt more to buy ammo then to be shot by it.=P
Some ammo is still fairly inexpensive. 7.62x54 ammo is still about 120 bucks (or less)for 880 rounds and 7.62x25mm ammo is a like 1600 rounds for $150 bucks, 5.4539mm ammo 1080 rd for 130 bucks.
On the other side, 9x18mm Mak, 9mm, 45 ACp, 308 Win, 30-06, 5.56 and 7.62x39mm are just plain crappy. It used to me that you could get a case of 500 rounds of 7.62x39 surplus for 50 to 55 bucks. Now, if you are lucky, it can be found for $100.
As for surplus weapons, the market isn't all that shabby. There are 50 or more AK variants out there ranging from $300 to $1000. You can get Galil's, P38's Nagant Revolvers, Cz52, CZ 82/83, Feg PA63, FEG Ap-MBP, Cetmi's, SKS's, all sorts of Mausers and Mosins. Add to that the Enfields, Swiss K31's, and Steyr 1895 Stutzen 's. Youc an still buy a Mosin 91/30 for $70 or a Yugo M24/47 Mauser for $130. These are amazing rifles for next to nothing. There are a ton of Nepalenese weapons left over from the 18th and 19th Century/ M1 Carbines and M1 Garands are starting to show up again.
I am not going to even start on the Police trade-in market which is just as big.
In my opinion, the surplus market is still pretty darned good.