I own and have owned several Sterns. Love my LOTR, TSPP and the liked and enjoyed the Sopranos, WPT, SM I had as well. Not saying they are not fun, I just hate the obvious cheapening and bullshoot LE Vs "pro" crap they have pulled. When they switched to plastic aprons, eliminated underside rails, lockdown levers and jacked up their prices by about 75% I drew the line. JJPs product quality justifies the asking price IMO. There is no justification for the dramatic increase in Sterns pins. He certainly is not putting any more money into his pins, exactly the opposite.
Clay was trying to make this exact point in Jacks seminar. Stern (being a smart businessman) is taking advantage of market conditions and "making hay" while he can. He's able to ask and get what he is because:
1) the number of collectors has probably more than doubled in the last 2 years, drying up supply of existing games
2) JJP raised the bar for new pin prices with his successful marketing of woz
3) He is the only pin producer currently pumping out games
If I were Gary I would be maximizing my profit too. Kudos to him for recognizing these conditions and capitalizing on them. However, as a semi long term collector, I'm accustomed to getting value for my money, I refuse to give more for less, that's all. In my opinion, the above conditions have resulted in an unbalanced market, one that is benefiting the manufacturer much more than the consumer. My hope is that once JJP (finally) lifts off and is producing games, the market will rebalance and Stern pins will command a more fair price or at least step up their quality.