I posted a couple days ago about the absolutely ridiculous cost of the new Zipp Vuma Chrono crank, currently $1300, not including the $330 ceramic BB. I simply refuse to believe that today’s economy will support this product at this price. Once these hit Bonktown next year, I may consider buying them.
http://forum.slowtwitch.com/gforum.cgi?post=2226566;search_string=1300;#2226566
Well, the folks at Shimano just one-upped Zipp with the pricing of the new DI2, aka electronic Dura-Ace.
http://www.competitivecyclist.com/za/CCY?PAGE=WHATS_NEW&WHATS_NEW.ID=263
CompetitiveCyclist breaks down the pricing pretty well. I think they understand all too well this priced out of the reach of even their customers. They specialize in the very upper end of bike sales.
STI Levers, $900.
Rear derailleur with a rear wire kit and all battery-related costs, $1,408.
Front derailleur and front wire kit, $980. This totals $3,288.
The add the costs of the needed non-Di2 components, $1,555.
Bottom line group cost of $4,843.
Directly quoting CC.com
“There’s a device called the “SM-EC79 System Checker/Programmer” that sounds awfully important. Our guess is that you probably want to have one of these as well. If Di2 is the iPod, our guess is that this item is iTunes. We’re not sure if it’s just hardware or if it’s hardware + software. We’ll know soon, but as of this writing we just don’t know. What we do know is that it costs $357. So save your pennies for that too.”
This does not even include the pricing of the time trial pods and brake levers with shift buttons, the items that would apply to us on Slowtwitch.
If this sounds like sour grapes on my part, just because I can’t afford the latest and greatest stuff, it certainly is not. I have plenty of disposable income even in today’s economy, but there is a point that even I, (and especially to my wife) cannot justify a purchase such as DI2 or some uber-expensive crank.
The thing about DI2 is that I truly believe this is a revolutionary product, one that can actually make a huge performance improvement. It could realistically take chunks of time off the bike portion of any triathlon, almost certainly being the difference between a podium slot or maybe even beating your buddy out on the course that you are normally pretty even with. The shifters are completely aerodynamic because they never move. The brake levers are what I think are the game changers, being able to shift to the perfect gear while going into a tight turn or getting ready to climb, all without needing to play twister with your hands trying to shift and brake simultaneously.
Maybe I am wrong, I know many think Zipp will be okay selling a crank that cost over $1600 with BB, I am sure some will think Shimano will have no trouble selling this product. I am also sure that Cervelo will sell all the P4’s they can make, even though it appears from the data Cervelo has shown that a P3/P2 may be faster at 15 degrees of Yaw and greater (where my slow ass probably spends most of his time).
Maybe I watch too much news about how the economy is in shambles (how does AIG lose $62 billion in a quarter, aren’t these people supposed to be the smartest people in the world with money?). But these prices are simply completely out of whack with reality. If I am ranting and this should be in the Lavender Room, I apologize.
Just based on what I have seen from bike retailers going under, and these skyrocketing bike prices I think the bike biz is in for a very rude wakeup. If anybody pays attention to Bonktown, just look at what they have been selling lately, very, very high end, nice stuff. Yesterday they were selling Pinarello Dogma (magnesium) framesets for around $2200, I think retail is clost to $5000. Somebody had to unload those for pennies on the dollar. Just one example of many.
Shimano has come up with an amazing product, but I think they are going to move very little product at the prices they are asking.
I know it isn’t worth much, but those are my .02 cents.