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I would be more inclined to take ErrantX seriously if he said what company he works for, so I could do some investigation. You would think that if they regularly do this sort of thing, they wouldn't mind a link. The "expensive" prices he quotes actually seem really low. DriveSavers charges more than $1000 to recover data off of a failed hard drive, and they don't claim to be able to recover overwritten data. Given all of that, I tend to think he is either mistaken (he does say it isn't really his field), or is lying.
I agree.
I remember that the c't, an excellent German computer magazine, around 2005 ran a test with once-zeroed hard-drives: They sent it to a lot of companies to recover the data, but all of them refused to give a quote, saying that the task was impossible.
Most of these companies manage to recover data from technically defect hard-drives after mechanical failures, and it costs several thousand dollars, but none of them were ready to help in case of zeroed out drives.