It probably is neither greed nor ignorance. It is probably an attempt to make some additional margin on a new product while it's new. I assume it didn't work. At any rate, we have them in stock for immediate shipment and they are priced well below the Genesis I.
Incidentally, I think the Genesis II is a great value. You get the same blade and hardware, you get good looking and strong Grilon scales and all you give up is the reconfigurable pocket clip (It's for righties only.) I own a Genesis I personally and would be quite content with the new model. I think EDI has a winner. Take care.