BS. People, crowds, the masses, whatever, are terrible at valuing what is actually important. Apple is a good deal. Its better to spend $250 on an iPod that you'll actually use, then $200 for some Creative POS that has more "features" but winds up in your tech junk drawer because, its, well, a POS.
People make decisions based on features, but studies show people prefer ease of use in the long term. Humans are just bad decision makers when it comes to choosing what will make us happy.
This is one of the reasons that the Apple cult gets so much attention. People don't understand whats so great about Apple, but if you actually use their products, you get really into them because they work so well, despite their apparent "lacking" in the "features."
This is true for the US market and other western markets, but over here in Asia, Creative, Samsung, all these other MP3 players are really hot, the iPod is just too expensive for many people, the difference of like $20-50 is a lot in their currency plus import taxes (some places) .