that's actually kind of sad...is there that much competition or lack of ideas to advance the craft to foster that attitude I wonder...
Modern reality. Look around here, and see how many kids are clamoring to learn how to do what we are doing for fun! In Myford's case, much like the low speed implosion of the Original South Bend Lathe company, before the name was bought up and plastered over import machinery, they simply did not evolve and develop with the times, and as the times went on, it cost them more and more to stay operating, while they were mainly competing against used items of their own, previous, construction! Lots more things too, but eventually you run out of guys willing to pay what needs be charged to keep the company alive!
It's pretty much an old guy's hobby, and the making of model engines, even more so. Gonna be 'Good times' when those on the younger edge of the curve, get older, and the estate sales start becoming more regular!
I might be able to afford the machine tools I really want, eh? Or, someone with a truck and a $20 bill, gonna get a deal, as they show up to clean out my basement! LOL!
@whydontu , I figure as pricey as the Stuart stuff is, they must be doing something right, as they are still very much in business! Like the prices being paid for some pretty mediocre Muscle Car "Classics", there is a larger pool of old guys that finally have money to afford what they could not, the first time around, now, too.