Silly argument. Price is relevant to competitors in 2012 not random products in random years past. It's not that $329 isn't affordable it's that it's not a barn burner for the 7" category. To shareholders like me it cedes market share to Android. That makes us nervous.
That said as another poster mentioned the price point isn't Apple-esque so still hope it will start at $299.
what competitors?
like the sony walkman of the past, in current market apple dictates the price.