I guess I'm not allowed to have an opinion if my join date is later than yours? Well, that invalidades my opinion.
Now if I may:
See the Sennheiser PXC 550 ($350) which will run miles around anything made by Beats and is priced similarly. Or the Sony MDR-XB50BS ($60 or so) that will destroy the PowerBeats and costs 1/2 the price.
As said in this thread, people will get Beats headphones free with Macs and that's the only thing that's pushing them off the shelves.
Beats headphones are equivalent in sound to headphones half the price or thereabouts. If you'll admit you would like to pay $150 just so, the first time you use your headphones, a prompt shows up on your iPhone instead of you having to open Settings (the horror !!!!!!), that's something else.