Spiderman III hits theaters on May 4 (A Very Big Birthday For Yours Truly and We Will Be Accepting Gifts Of All Kinds :) and the flick starring Tobey McGuire and Kirsten Dunst may be the most expensive film ever made.

Film snitches claim the film’s pricetag topped $500 million. A Sony representative claims the film cost $270 million.

One movie source is adamant the actual total was higher, with production costs alone reaching $350 million, while New York location shoots cost upwards of $1 million a day.