This subject has pretty much always been around comes up all the time.
Outrageous priced cars, watches, houses, audio equipment, TVs, you name it.
As long as capitalism exist, there will be products made that are for the "beautiful people", and there is absolutely nothing wrong with that.
As long as no one is twisting your arms and forcing you to buy, where's the problem.
Some of us forget that most people think that we (audiophiles) are crazy anyway. They think that the equipment we purchase is stupidly expensive. So, there are levels above us. Where's the problem.
I know people that are in the amp of the month club or the car of the month club. When some new fangled piece of equipment comes out, they just have to have it. I don't question their motivations. If they can afford it, more power to them!!!
What it does do, is allow some high end equipment that could not afford or wouldn't think of purchasing because of the price, to be placed on the used market. Or better yet, they would contact me asking me to take something off their hands for a really good price. Something I've heard that was definitely better than what I owned, but would not think of coming out of pocket for, and now it's available to me for almost a steal, because they had to have the newest.
Well, There are manufacturers out there that build for us or they build for the one percent. And even "us" is relative.
Now if I listen to that equipment and it isn't better than mine, then I laugh and smile. But, if it is better, then, what can I say but wow.
I've heard D'Agostino equipment. All I can say is wow.
enjoy