I thought that really good hardware was closer to 0.5W/GH. Even Butterfly Labs has equipment that reaches 0.7W/GH.
I don't know of any system that gets close to .5W/GH. Butterfly Labs isn't trustworthy and is many months behind on shipping. The S3 from Bitman seems to be the current best on power consumption (~.7W/GH). Even then that is just the primary power, you also have to pay for cooling. It doesn't leave room for other maintenance costs and staff. Also I used an impossibly low cost for electricity. More likely it is closer to double what I used, even in Iceland. (If that is really where they are.)