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In reality there is no logical requirement to possess a pet lizard or pet snake, so pricing is very relative. You are paying more for your personal opinion of what is "neat" looking or on the investment side what you feel people will pay for a "neat" looking reptile. It's not like their going to do the laundry or wash the car (a tangible benefit).
My father (who does not like lizards or snakes) wouldn't pay you $5 for either.
So making the argument that something is over-priced (with the contentation that it is in error) is illogical. It's fine that you don't see the value in the morph, but others that find that look particularly appealing or of the notion that they have to have the newest thing before the mainstream would find the value appropriate (or an investor that feels he can captilize on the investment with a value).
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