Mike1965
pfm Member
You’re paying for expert engineering, a distributor and a dealer. Just as one is with an LP12, for example. A Technics is slightly different because of massive economies of scale and state of the art manufacturing facilities.
Judging anything by parts cost is a fool’s game in HiFi. We’re supposed to value sound quality. If a Simplex sounds better at its price point then it is better. I’ve owned Linn, Well Tempered and Technics turntables and enjoy them all for what they are.