I only buy certain things from the LBS. If I was investing in a >$2000 road bike, I would probably buy from LBS just b/c of warranty issues, etc. BUT, for any cheaper bike I would go online just b/c you will save a lot of money. I still buy some parts (chains, cogs, tools, etc) at LBS for convenience sake.

$950 for a pista? HAHAHA

Also, I have found that most LBS employees aren't exactly experts. At the risk of sounding like a d-bag, I'm gonna go ahead and say that I know more about FG and road bikes than 90% of the employees at LBShops. There is only one LBS mechanic in Austin that i trust to work on my bike. When I was first starting out in FG bikes, I had a left crank arm fall off and a hub stripped b/c the mechanics at both shops didn't do the work well. That's when I started buying tools and learning how to do my own work.