Here here bblhead,
I think you nailed it with that one. I own a Diana and probably five other of lomo's cameras. I was never so terribly bothered by the price - though I simply refused with the Lubies. I get weary of the marketing campaign - the emails are incessant. Its like a beer commercial that advertises nothing but an improved can, there is no additional value to me as a camera and it all becomes image -I think Warhol would have loved what Lomo has been able to do. I don't care to own every color available, and pay a premium for it.
However, I like to use my Diana and the gonzo attitude that they push was a real eye opener into where photography can go. I think their greatest value is in the "Damn! I can do that too" Style of inspiration