Boots of Striding and Springing are overpriced, though. They break down perfectly to +5 competence to Jump and continuous Longstrider effect, which are worth 2500 and 2000, respectively, with the latter multiplied by 1.5 as a second effect on a single item. The problems with this are as follows: Jump is a crappy skill, Longstrider is a crappy spell, and the *1.5 multiplier for these kind of items was removed in MiC.
Honestly, 3400 is just about right for the double move speed (max +30) effect, if it's counted as an enhancement bonus.
EDIT: Actually, forget the double w/ max +30. Just make it +30. No reason to nerf halflings and dwarves needlessly.