Why did I have to pay about ~$0.25 or ~0.28% to send money from one address to another? That seems insanely high considering my bank would only charge me $0.15 to deposit the USD equivalent of that amount of BTC to my account. Not to mention the transaction still will take about an hour to confirm sufficiently.

Bitcoin keeps advertising itself as a low fee transaction network and yet I'm stuck paying those kinds of fees? Multibit alone doesn't allow custom tx fees, but say I sent it with 0.0001 tx fee instead of 0.0003, how much longer could I expect to wait for the transaction to be accepted?

Here's the transaction on the block chain: https://blockchain.info/tx/d2b674248fb3350ff6dcff1a5ddc3caabe6f8adfc40a5d87866a5e1ed67e956b

Thanks for any info.