Quote:
Originally Posted by al35
Hm, considering it sold out in just a few days, I'd say it's certainly not overpriced. Don't get me wrong -- I'd love to see it at a lower price, but market says $400 is too low to keep suppy/demand in balance.
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But, we don't know how many they actually had in their initial order. For all we know it may have only been 50 units. In addition, early adopters aren't very price sensitive so I'm not sure we can draw a real conclusion on supply and demand. One big question would be what would the backlog look like if it was $350 or $300? I think it's just too early to tell how well it is actually doing. Personally I think it's a great device and would love to see a runaway hit for iRex in order for them to continue to develop the product and innovate as a company.