Yes, you're part the new crowd the 5c will create.
This perception in this thread and elsewhere of the 5c being overpriced, is fueled largely by the rumors of a low cost iPhone in the pipeline. Apple never said they were creating one. The tech press, tech bloggers, and Wall Street analysts pulled that one out of the land of Unicorns, fairy dust, and LSD.
Apple is going to have adapt very soon to how out of control the rumor mill has become. In the sense that rumor and speculation has now become fact outside of our nerdy tech world bubble. Rumours and analysts BS viewpoints on what Apple "needs" to do have mutated into expectation. The new level of insanity began with the run up to the first iPad.
Then, earlier this year when Apple's stock price was purposefully suppressed by a fake story run by the WSJ (knowingly) regarding iPhone orders being cut at Foxconn, a group of unsavory investors walked away with billions of dollars. This happened at the same time that the media started banging the Apple is doomed and needs to innovate drum.
Now, again, their extremely undervalued stock is getting pummelled due to expectations pulled out of fantasyland and by a rumor mill that's beating them to the punch.
It used to be that myself and the rest of you that read these sorts of sites were the only ones that knew what to possibly expect. Apple is now so huge and as a result widely reported, that EVERYONE (including my parents) are up on the latest rumours. Add to this the way the crazy WS analyists expectations now permeate the media and shape public expectation....and it creates an extremely problematic situation.