Turns out that a glimpse of Janet Jackson's left breast (or was it the right?) isn't worth a half-million dollars after all. According to this CNN story, the 3rd U.S. Circuit Court of Appeals rejected an FCC fine against CBS of $550,000 for the 2004 Super Bowl halftime wardrobe malfunction that apparently left FCC commissioners gasping in shame and perhaps guilty longing.
Most people, of course, wouldn't have paid more than half a buck for the sight.