Yep. It's a way over priced cartridge.
The .17 is a necked down .22 Magnum case using a 17 grain bullet at about 2610fps MV with about 257 ft-lbs of energy at the muzzle. Runs $12 to $17 per 50.
The .22 Mag uses a .224" 40 grain bullet at about 1910fps MV with 324 ft-lbs of energy at the muzzle. Runs $10 to $13 per 50. $2.29 to $3.50 per 50.
An HV .22 LR uses a 36 to 40 grain bullet in a much shorter case at about 1255fps with 140 ft-lbs of energy at the muzzle. Runs around $25 per 500.
This is a very dumb question: Can you hand load .22lr or .17 HMR???