Look, I get there are those that are disappointed at the price, but lets look at the "car" analogy. Do you think it costs the major car manufacturers $25,000 to build a midsized sedan and sell it for $30,000? I bet it costs them $6,000-$8,000 to build each one. But what about overhead, design, testing and tooling? Richard is a one man operation, with one full time employee, his daughter (that I know of). How many prototypes has it taken to get to this point? I'd be willing to bet that there will be 75,000 to 100,000 rounds of use for testing. Times say $0.25 per round (a mixture of steel and brass cased which is just a guess), that could be as much as $25,000 in ammo costs alone. What about engineering and liability insurance costs? 5.56X45 has almost three times the energy of pistol rounds. And that is all time he is in the shop working on prototypes, instead of making items he can sell right now to pay this months bills? It has been my experience that it costs a lot more than just the cost to build an item. I can see it costing him $80,000 - $100,000 or more to develop this product and bring it to market. What is that market going to be? 10% of registered owners? There are a lot of these guns in the back of many safes that haven't seen the light of day in years. Those are not the owners that will buy this product. ARs can be sold to possibly millions of buyers and it is a buyers market. How many AR manufacturers are there? To buy this product you need to be a M11/NINE RR owners, period. Hope many companies are bringing new designs to the MAC style RR? Lage is the only one I know of.
The days of MAC style RR being a "starter" full auto are numbered. I'll make a $1,000 wager with anyone that wants to, that on 02/04/2023 that the market value of the M11/NINE will be $15,000 or more. It sucks that some guys have had their gun for a while and can't afford $3,000 for a rifle caliber upper, to shoot rifle caliber full auto. But the same could be said about HK sears and M16s 10 - 15 years ago. Who would have thought five years ago that someone would be willing to pay $3,000 for a rifle caliber conversion when you might be able to find a M11/NINE for that amount of money? But six or seven years ago you might have been able to buy a Colt roll marked M16 for $12,000 - $14,000. Life isn't fair. And again I'm sorry that some on the list will have to pass up their opportunity. Of course there are those that will put it on their CC, receive it and post it for sale for double that. That is what happened with the Shrike. YMMV.
Scott