It is definitely true that a little goes a long way. And by a little, what I mean is that I only use about a pea sized amount of this every night when I wash my face. The fact that you don't need to use a lot each time also makes it a lot easier to justify the cost of the purchase. It will last you a while.
The product itself is great for my combination skin. The froth is rich and silky, and takes off all of my makeup, including mascara. It doesn't leave my skin feeling dry at all.