Well, the NHGRI wanted to bring the price down to $100,000 by 2009, and they aren't even close yet. Granted, it's considerably cheaper than it was 15 years ago, but I still consider $2-3 million a little outside my spending limit
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You have more faith in the new technologies than I doAdvances have vastly increased productivity, there is technology in development now that will streamline whole genome sequences in a matter of an afternoon (5-15 years away).
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The point is...it WILL happen in our lifetimes, and it may happen in some of our snakes lifetimes.. I've read a bit about what U of H and 454 have been doing, but I think they're eyes are bigger than their stomachs. Granted sequencing a virus or bacteria in one day is ages faster than even a year ago, but the human genome is... what, 3 billion base pairs? Versus bacteria and viruses, some of which don't even have a million.
As much as I would love to see genetic sequencing turn into a one day event at a cost of $1000... I think those numbers are a bit over the top. I hope I'm wrong.