That was my point, Mega Dux Bob - OP was complaining about the Theater being over priced for its benefit. But overpriced compared to what? I compared it to a Huge Cathedral which also is 5% happy but costs even more than a Theater.

Huge Cathedral or Theater certainly buy you less happiness/florin than does a Brothel or a Small Chapel. Buy you are building them in cities that produce quite a bit more money than does a Town.