I know Daniel Ho, and I also know about the Romeros. Trust me, these are very well made with a lot,of thought In quality, sound, projection and intonation. This was a joint design project between Daniel Ho and Pepe Romero Jr.
As a 6 Grammy winning composer and musician. Daniel is a stickler for intonation up the fretboard. And while these are factory made, I have tried several and find them of consistent good quality.
Aside from the consistent quality, keep in mind that the tiny design is unique, they have a small comfortable body, but because of the non s shaped design they have a nice sound projection along with the tenor scale.
If they were luthier made, they would be comparable to 3000+ ukulele... (Which is what Pepe's hand made instruments go for)
So from what I know and my limited testing of a few, I think they are very fairly priced.
I don't own one because I simply have too many other ukes in that price range and just can't justify one. Otherwise it would be up there on my wall... Don't get me wrong I was actually tempted on the one that just sold, except that I'm not a big fan of spruce tops. I prefer cedar or mahogany.