I agree. Alloy is supposed to be, or probably should be, a cheaper option than CF bikes. The Canyon Ultimate has models with similar specs, similar prices - CF frame, 1.5#'s +/- lighter at the same price points.

C'dale is asking over $500 more than Trek was for the aluminum frameset - and the C'dale is heavier. (and you can get leftover Emonda ALR frames right now for around $400, but thats a different story)