I recently played a wedding with Tim and asked if he was working on any new music? He said, "I've been recording cover songs as thank you's to people that donated over $100 to the project for the past few months". If you look at his site you'll see that a $100 donation got you a recorded version of the cover song of your choice. He isn't just slapping these things together, he's putting many hours in to it. So, I'd say a $100 donation was worth the investment too.
If you don't see the value in Kickstarter, then I'd say you are definitely a bit "*fuddy duddy".