I've wanted to post a gloat here for years and finally fell into at least a semi-gloat this weekend, in the form of a classified ad listing all sorts of junk that included "500+ board feet of oak lumber, $1/ft." Turns out he'd overestimated the size of the stack, but in the end I drove away with about 325-350 board feet of 3/4 plain sawn red oak in widths from 8-12" for $300. Some of the boards are quite nice, all of it's servicable and will work well for the kitchen and library projects I have planned for summer.
FWIW, red oak boards run about $6/bd ft in the home centers here, and $2.50/bd ft in the rough from local hardwood sellers.
-kiwanda