Yes.
I got it on December of 2004. My vision was 20/200 then, and is now 20/12 to 20/13. It has not dropped 1% in nearly 18 years.
Genetics for LASIK response are similar to genetics for steroid response: I had a friend who went in with 20/45 vision and came out with 20/20 in one eye, and 20/25 in the other. Meanwhile, my response was considerably better, and some others go in nearly blind, and come out with better than 20/20 vision.
The procedure cost me $1,800 CAD + travel costs to Toronto. That's like $1,350 USD. If I had to guess, the procedure either costs less now, or the technology has improved, or both.
Oh - and if I recall correctly, the total procedure time was 7 minutes for both eyes. You can smell your eyes burning from the laser. Apparently, it's not burning - but disrupting molecular bond frequencies in your cornea or something. But you can smell whatever it is.