For some of the product families the pricing beats the comparable Cisco switch by a small margin. In other product families they beat the comparable Cisco switch by a huge margin.
There are some missing features on the HP Procurve gear that I loved using on the Cisco gear (e.g., the NO SWITCHPORT command) but I pretty much have all the features I would generally need in a closet switch and >90% of the features I would need in a distribution-layer switch. I might find the missing 10% as I dig deeper into the platform.