In what way is it "overpriced?" It's about the same price as a S&W 627 PC, and in every respect, it is better made than the Smith. I own both revolvers and many others to compare it to. The 627 is very nice, among my favorites. Truthfully, I prefer the overall internal lockwork design of a Smith because it is easier to work on, easier to tune, and has better aftermarket parts availability. Otherwise, the Python is made of much better, more expensive stainless steels, uses more CNC machined parts, is better fit and finished, has a smoother action out of the box, and has better attention to details. The finish is much more flawless than any Smith or Ruger, with more shop time to produce. The Python is quite a bit more costly to manufacture with more CNC machining and finish time involved. It has more geometrically complex parts, which means more machine cycle time to produce those parts. So naturally from the standpoint of cost to produce and getting a normal profit margin, it will have a higher retail price than an average Ruger or Smith. Despite this, it is roughly the same or only a couple hundred less than the higher end Smiths. Given the price of competing revolvers, its $1300 - $1400 going rate is about what you can expect at today's gun prices. Mine is my second most accurate revolver I own behind my Dan Wesson 44 with 8" heavy barrel. It shoots circles around the rest of my revolvers. The SA pull is mediocre out of the box, but is very easy to correct, and that feature has no impact on the production cost to Colt. I think overall it's a bargain for what you get compared to competing revolvers, and I truly believe with no hyperbole and no brand loyalty that it is the best USA made revolver on the market today.