I think a little comparison could shed some light on costs:
$72 KMG toolarm (square stock, 4 tapped holes, rounded end)
$38 KMG workrest (Slotted flatstock with welded plate)
$60 KMG toolarm receiver "box"
$170 Total. All fair prices. Rob is a good guy. I love my KMG and don't begrudge a penny of what I've spent on it.
Add 2 radiused articulation joints, several axial adjustments, and a multi-faced work surface with indexing stop. Add the parts for connecting the whole thing to the grinder. The degree of complexity has changed dramatically.
Factor in the consideration that this is "short run" and the setup costs have to be absorbed in relatively few units. (There is no way he could commit his family savings to purchase 50 units to bring the price down 10-15% and then sit on them waiting for them to sell because those that initially said "sure" changed their minds when it came time to dig in the wallet.)
That all adds up very quickly. I've seen the drawings and I've seen the quotes. This isn't a simple device to make.
Michael is searching for the best price he can get on all this as it is currently designed. While it could possibly have eventual potential as a "manufactured product" at this point it is "custom machining" and that always costs a bunch. It will be what it will be and if enough people are committed at the best price he can provide then he will probably have some made.
While it would be very sweet for the purchaser to see it in a $250-300 price range, that seems unrealistic at this point. Do that comparison and judge for yourself.
Michael, if I've spoken out of turn, smack me.