Don, is the "making $180 per hour" really correct? Did he provide the airplane? Many pilots seem completely unaware of what it costs to instruct in the CFI's EAB airplane. Who paid for his time to do the paperwork to get a LODA (which, as others have noted, is virtually always restricted to transition training only. No other sign offs are allowed). Did he pay for gas? Insurance? When I was doing transition training in my 10, I found that in some cases $100/hr was going straight to the insurance company, for the extra cost of a dual-instruction rider. If you want to be angry over the costs, I'd start with insurance. They made a lot more than I did.