The essence of a wedding is to celebrate the union. It should be about being intimate and memorable. Spending so much money isn't so bad, unless it's spending all of one's money and missing the point.
I like suits, actually. I can imagine wearing a crown on it and my woman with the most exquisite gown with a tiara on her head.
Awnnn.. your weeding is definitely going to be a hot one, please don't forget to invite me sir