why $150 more?
because people will pay it. heck, I might even pay it. Going to see them at the apple store now.
moreover, I really don't understand why this is such an issue. If apple had not released the black one at all, and only had the white one at $1299, nobody would be bitching. So if you don't like the black, just imagine that there is no black model, be happy with the white model, and let those who like it enjoy it.