Good improvement, but 50x overpayment until a rethink is also pretty wild.
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At least, the "fear" factor (will the new system work? what bugs will it introduce? how much time will I spend, etc.) pushes a lot of folks to accept a very big price differential aka known knowns versus unknowns...
It's understandable really. It's just that once you've migrated, you almost definitely never want to go back :-)