John, Good post. I have said the same things many times.

Archie. Too late for what?

LE's will find their own level. WE AS A WHOLE DECIDE THE MARKET.
I agree there is too many LE's and I am a big reason for the boom.
I will continue to collect LE's, even the 53 piece set.
If enough chippers stop, the issues will die down, maybe go away, then I will have obsoletes.

There is something in this hobby for everyone. Most complainers don't collect LE's, in my opinion. Don't forget LE's are probably responcible for many, many new collectors and club members, also my opinion.