[dewcifer]

Am I just out of my mind for feeling like I should wait a few months for a cheaper hardware equivalent to drop without an OS that will run Pebble?

I guess $100 average profit is "normal" in terms of production, marketing, r&d and all of that.. but this is just an old watch that someone is selling again since the OS was open sourced. The profit is just all profit.. I can't imagine a non-US manufacturer won't just start cranking out devices people can flash with a better OS.