Originally Posted by Waldo

Saying that the FP60 is simply an old non-dimpled 404 is a bit of an oversimplification, and there's certainly some misinformation in the Competitive Cyclist info posted above. This is probably not really of interest to many here but I seem to have some time on my hands so why not? I will spare some detail so as to hopefully minimize the boredom.
The aluminum hoop used in the FP series is the same as that used in the traditional Zipp line. The similarities end there, outside of the patented process we have for co-molding with a structural carbon section and our take on the toroidal rim shape. The Flash-Point series differs from the traditional Zipp approach of achieving our desired performance parameters and worrying about cost second; it was conceived from the beginning with an eye on minimizing cost. As our labor cost is considerably higher than that of our competitors producing (or re-branding) in Asia and a rim is a rather labor-intensive part, this was the primary focus. The Flash Point laminate allows us to reduce material cost while dramatically reducing the time required on our CNC cutting tables and time to preform; it shares virtually nothing in terms of construction, unlike what was posted on CC's site. The next area of cost reduction is in the hubs, and it is also a significant factor. As it stands now, a typical hubset out of Asia can be had for approximately the cost of the extrusion we use for the Zipp hubs, or the cost of the bearings in the Zipp hubs. The Flash Point hub was originally sourced from Joy Tech but with upgraded bearings relative to the standard offerings offered under many other brands. The newer Flash Point wheels use a KT hub to our specifications (correcton relative to CC's info), again with upgraded bearings.

Hope that clears things up a bit.
Cheers.