As the technology improves and becomes accessible soon anybody will be able to edit videos convincingly without having to invest a massive amount of time or money. That's going to have a large impact I think.
So in that sense it could have still be done pretty cheap.
A better example would probably be the moon landing footage or 9/11. And then it's really only questioned by conspiracy theorists and specifically because a state actor might have wanted to hide the evidence of a conspiracy.
Tomorrow with this new technology I might not convince you that Bigfoot exists but I might be able to show you extremely convincing footage of Margaret Thatcher and Mao Zedong frolicking in the Swiss Alps while Tupac is watching.
I had no idea Mao and Tupac were friends.