Mmmm.
While I would agree that V&R are pretty darned pricey. Are you, or the people that actually pay those crazy prices, buying a guitar/bass, or are you/they paying for the kudos-the dream?
I sell lots of old second-hand books, some of them are tatty old paperbacks/hardbacks, but some are first editions often signed by the author.
Now, to yer penny-pinching-ebaying-car-booting-3for2ing-peacocks-shellsuitwearing-mofos these are "HOW MUCH!?!".
People are paying me for my knowledge, wheat from chaff sorting skills, and my Bernard Black sunny disposition.
It's kind of the same reason that so many of us continued to go to the BassCentre, despite the off-hand treatment we invariably received, sadly they never recaptured the vibe/mojo of Wapping, and now...
So, I don't think we should knock 'em per se, rather applaud them for keeping the dream alive, yeah they're expensive, but they are in probably one of the highest rent/rates areas, and, if you ever spot a truly under-priced bargain do you offer to pay the extra that it's worth?
Simon