It's interesting to read this thread and sort of compare the responses to those in the Kamaka anniversary uke thread mentioned upstream; some of those responses mentioned the belief that production Kamakas were already way too spendy! And that's just chump-change compared to the prices we're discussing here. Similarly, in another thread some months back I posted about an artisan who makes gorgeous handmade straps here in California that retail for somewhere around $50-$70, a lot of people were quick to remark that that was a steep price and that they would never dream of paying so much.
I don't own a MB and probably never will, since (a) it's way out of my budget and always will be, and (b) I'm very happy with my plain-Jane Kamakas. While I think the inlay work Chuck does is gorgeous, it's just not "me" - I'm much more of a blend-in than stand-out kind of gal. Like Laura above, the most I'd consider is a simple flower in the headstock - but I'd have to first win the lottery, and then (the hard part!) decide between a plumeria or a rose
That being said, what always gets me about these discussions is that I think our mass-produced, big-box-store, "MORE and CHEAPER!!!" culture has really desensitized people to the actual COST of things - and I don't just mean the price tag that gets scanned in the checkout line, I mean the cost of what goes into it (or for that matter, what *doesn't* go into it). Mass production has really made it hard for artists and craftspeople to make a living doing what they do well and love to do, and I think this is pretty tragic.
The positive thing is that thanks to mass production, there is something for just about every price range and taste. If one is satisfied with a Chinese-factory uke (or strap), that's great. If one is satisfied with a Hawaii-made production uke, that's great too. And if one can afford an MB without, say, getting foreclosed on or taking food from their kids' mouths or whatever, equally great. Is the latter worth it? I have no idea in terms of playability or sound, but as many others have noted, it's not just buying an instrument, it's buying a piece of art. And if I had the ability to support an artist whose works sell for those prices, no doubt I'd do it. Whenever it fits my budget, I will go out of my way to support handmade (as in the case of the straps I mentioned) if the craftsmanship is nice enough to warrant it.