There's a certain "snob appeal" factor just like there is with cars, knives, watches etc. but there's also a very large segment to whom a pen that feels good, looks good, and writes well is important in its own right, regardless of price. I'm one of those people to whom ergonomics and "feel" is important. I own everything from cheap to expensive and use them all, but my criteria is always as stated. There's a place for all of them. I don't fault anyone for buying what makes them happy as long as their family is not going hungry. I'm a believer in practicality, so I no longer use fountain pens, but I can still appreciate good ones....so different strokes for different folks, I guess.