Sounds expensive...
As a "gadgetarian" i would seriously consider buying this product based on the feats discused in this thread. With KPH in the display, and with a static-port, this product does indeed appeal to me...
The more feats the better, but selling a "basic unit" for under $100, and perhaps selling "add-ons" for it for those with more requirements than featured in the basic unit, sounds like a good idea to me.... As i mentioned, a add-on altimeter-unit would also be very tempting...