I get the feeling that a lot of people out there have become established in parting out bikes in recent years.

One result is a relative flood of frames for sale, the other result is lower pricing on used parts.

NOS parts pricing of course being unaffected by this, but being driven upward by "inventory sellers" who patiently cherry-pick the most affluent customers by pricing their parts extremely high, and re-listing over and over or maintaining a storefront.

I love it when Rene Herse Bicycles undercuts the heck out of the prices that the most greedy Ebay sellers charge, but no doubt some will use the opportunity to stock up and re-sell later. Even the good sellers do this when bargains are around. How many of us stocked up on all the Campag gear that was being blown out several years ago? Cranksets and 10sp Ergolevers being sold for peanuts, it was great!