no, they cost three times more because there are people that will buy them. I'd say they're worth 1.87 times more(gotta make up a number). I got a ToPeak for $45 and a Cargo for $120 then had lower rails brazed on the Cargo for $75, now I have a $200 rack that can do what the $45 Topeak does. Heck if price is an issue aren't there MEC racks for $15?

http://www.mec.ca/Products/product_d...34374302693083