Err, bet he is.
1 woz sale profit - 4-5k? (given that it's presumably recouped development costs etc on the initial LE run) - note we're looking at marginal profit assuming all the sunk costs are ignored.
1 MM retail sale - 1k mark up?
Mark9 above will be a classic example of people opting to buy the MM remake rather than another NIB. I also toyed with coming out of the Hobbit to buy a MM but figured I'd hold in until I've seen the actual new JJP machine. May still do this if a non LE version is also made (not sure if this will happen or if this is just a rumour) and then try to get a 2nd hand Hobbit at a later date.
Think he's doing the only thing he can by ensuring he gets a slice of the action but there's no getting away from the fact that a new competitor has just entered the market and secured $7 million of agreed sales. Somethings got to give. Fingers crossed for a glut of old machines being let go to fund it. Also hoping it will cause Stern to up their game in terms of quality and innovation to compete.
I'm guessing
AFM will be next followed by
CC(?) so they don't have to deal with film companies etc. Oh well just spent the most I've ever paid on a machine for an
AFM. Lucky I'm buying it for enjoyment rather than as an investment. I'd love to think the people moaning on Pinside about their values were being affected were taking the **** but I suspect they are serious.