The rc hobby is just fine IMO.  Demand drives the supply as it always has.  It only shows the increased interest in the hobby in general.  High prices to keep the "riff raff" out as was mentioned earlier is ridiculous....financial status should not decide whether you are considered "riff raff".  There still is high dollar kits/components that the vets can turn to if need be.

The selection is broad yes, but thats only because the consumer base has grown and of course the base has grown in part because of affordability.  If you want the rc industry to flourish and advance it needs to have a large consumer base that can maintain the cost of experimentation.  Back in the day, prices had to be high to sustain this.....now prices can be dropped because of the larger consumer base and still maintain large profits while advancing the hobby.

TBJ mentioned earlier...consumers control everything.  Correct.  We have so many different models/manufacturers sustaining their products and staying in business because there are so many consumers splitting cash between them.  If we stop buying Cen racing products..Cen racing stops producing products.  If we stop buying AE products...they close shop..etc....I like where the hobby is, it shows growth and interest and can only mean good things to rc hobbyists.

Old schoolers may not like the direction and I can see the argument..it makes sense.  Not the first time, or the last time the "old school" generation of a hobby, sport, company, government, family is resistant to change to what they have grown to love.