I think they are great for many of the reasons noted here. I use mine mainly for keeping track of things on the go, thoughts, and my to do list. Pricey? Maybe, but how many are you going to go through? I may go through three in a year. So $30/year for something that makes me more productive and holds up I will make that investment all day long.
I wanted to try a leather cover, so now I am carrying mine in a Saddleback cover (link below). Combining two awesome pieces of craftsmanship.
http://www.saddlebackleather.com/categories/114



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