Thank you all for the very enlightening discussion.
David12, as to this super rich always being with us, I wonder if startups thinking of taking the risky plunge go for the very high end, thinking it less risky than swimming with the masses, for that very reason. If you are a good promoter and get a hundred customers lined up in that price range maybe that spells survival. Maybe that's why there are so many ultra-expensive components these days.
For what it's worth, vintage audio prices are climbing again (been checking them for my gear). I think the economy is on its way back. And the advent of $1000 iPhone DACs would seem to bode well :-).
David12, as to this super rich always being with us, I wonder if startups thinking of taking the risky plunge go for the very high end, thinking it less risky than swimming with the masses, for that very reason. If you are a good promoter and get a hundred customers lined up in that price range maybe that spells survival. Maybe that's why there are so many ultra-expensive components these days.
For what it's worth, vintage audio prices are climbing again (been checking them for my gear). I think the economy is on its way back. And the advent of $1000 iPhone DACs would seem to bode well :-).