[ominous_prime]

This is what most people miss. Yes the FAA is slow, certification is costly, and liability messed things up in the 80s -- but you can't get the huge cost reductions we see in the automotive sector without mass-production. Aircraft are essentially hand-made in a labor intensive processes, using individually crafted components.

It's not hard to see what certification costs, take an EAB kit, use all non-certified avionics, and even take an automotive engine and convert it for aircraft use if you want. If you spec that out equivalently* to a certified aircraft, taking labor costs into account (you don't get to count the 1500 hours in your garage as free), it's less than comparable certified aircraft, but not orders of magnitude less.

(By equivalent, I mean safety and redundancy -- ifr capable. Not talking about making my own AP with cheap servos and a raspberrypi and navigating with a handheld gps)