For anywhere near $100 for a recording I’ll likely never experience it! I also agree with Dan in that I’m tired of seeing the same old albums in some new format. I’ll sit this one out.

George

I think you've answered the question. The market is the people who purchase the product. It would not seem they are targeting low income folks. What would the sales breakdown answer? They sell out. MoFI will keep raising prices until they don't sell out. I guess maybe I'm missing the point.

Is there data that the individuals purchasing these are wealthy people looking to "up-sell"? I would think the truly wealthy would not bother to endeavor in hoarding these releases and re-selling them. I am sure there are ways around the 2 album limit, but the time and effort required would not be worth the effort to someone who is "wealthy". Not even sure what that designation means.

One of the guys who bought Nightfly runs it on a relatively cheap ProJect 1Xp turntable.

Nowhere near what some guys here spend on a turntable. But the quality of that record on that relatively affordable system imho sounds superb. If you treat records as a source component, it doesn’t seem too expensive.

Yep........everyone spends and values money differently........that's what makes the world go round.

Ron

I honestly don't see a high percentage of re-sales at this point. I know I'm only one data point, but I've bought every one of the 1 steps so for and they are listened to regularly!

I unfortunately missed the Santana release, but I am not willing to pay the price on the secondary market.

I like the idea of the technology and would love to give a disc or to a spin, but even in a format that is suppose to be better, most times comes down to the master(s) and the recording engineer.

Most time for example a sacd is much better than the similar redbook CD, but I have a few that SUCK!

I too am kinda a little lie Dan started out saying, i get sick of owning 12 copies of everything. I think if it was $49 I would bite :)

+1............ indeed, your life would have to be incredibly boring to spend it purchasing new, high-$$ pressings and reselling at a profit in a very small market. These LPs are pretty much like the rest of our high-end gear. If you want them and can afford, its your choice. Like $4000 power cords.

I have to agree. While people may buy an extra copy for selling or gifting, they are don’t look at this as an investment strategy. I bought 2 copies of The Nightfly and ended up selling one to a friend after they sold out. I think I charged him $125. I won’t be retiring on that!

The site also has for preorder "Stevie Ray Vaughn Texas Flood". I do not recall seeing that before.