Johnk1
Given that I compete with Magico and offer a $7000 pair of carbon fiber stand-mount speakers, I have minimal interest in defending them but will say that there is a big difference between a 1/16" press forged cabinet vs one made from 3/8" extruded aluminum. You also have to consider fixed tool and die costs in both cases compared to any wood material be it MDF, Baltic Birch or African Rosewood.
I would love to say Magico is overpriced but other than retail margin, I can't see an issue with their pricing and they don't build in the monstrous margins that some other companies do. I looked a producing a speaker like the A1 and I can't do it at a lower price unless I want to produce them and import them by the container from the far east and I have to outlay a lot of cash up front for tooling.
Regarding my costs on Baltic Birch, you can get panels a little cheaper than what you see at retail from people who are buying at wholesale in large quantities. And for the size speaker I am talking about, you can get 2 speakers (one pair) out of a 2' x 8' sheet. That is where the $40 came from.