That's actually not true. Most LP-12 turntables (new) start at several thousand dollars and go upwards (non 50th anniversary) to 35-40k depending on the build. You can find older used decks for under 1K, but they typically need work and major upgrades. These aren't run of the mill decks that you pick up at your local stereo store, love it or hate it, there are many high-end audio enthusiasts who will pay this and more this type of gear. But, I don't disagree with you that this Ive designed deck is a bit over the top.