No **** man! I recently bought a pair of Phil hubs through my bike shop, could've gotten cheaper online, but wanted to support them. Well they gave me a line like they weren't gonna make much of any profit off them, so they couldn't do me a deal below Phil's website prices. Well, I was OK with that, they've never done me wrong and even now, I'm glad I bought from them to have an easy way to get them sent back if anything messes up with them... well they accidently included the "confidential dealer prices" catalog with the hubs when I picked them up and I almost had a heart attack when I read what they paid for them.. Talk about profit!

Nothing against them, based on these prices, everyone who sells Phill products makes a killing. I guess it's good though that Phill Wood has made the effort to help out the dealers by suggesting such a mark-up, but criminy! Still , I'm fully satisfied and would do it again.

And like stated above, It's worth the cost to buy with good conscience once in a while.