Kevin,
I was going to post the same comment as you! I also saw it for sale listed at a cool million. I think some of these salesman have a weird business model....increase the price if something isn't selling until someone comes and offers what the asking price was originally. Then they still get what they want.
I saw the same thing a year or two ago on a J-3, Guy had it listed for $38K with floats, it didn't sell, he put it on ebay with a $40K reserve. Still didn't sell so he relisted it for $45K....needless to say he still has it and this has been going on for at least 3-4 years that I know of. He might be up to $50K by now for all I know.

WW