Greg,

Can LE's hurt the hobby?

They can and have been the subject of debate. There are several negative sides to LE's:

1) In some cases, distribution is to a handful of insiders who jack up the price;

2) Casinos have charged over face value for some LE's (remember the Colorado casino that did that about a year ago);

3) Other hobby's have been hurt when the manufacturers start making versions of their collectables just for the collectors: baseball cards, beanie babies, and commemorative coins to name a few. Some collectors got slaughtered in these hobbies.

Just because I do not collect them, it doesn't mean I think that they should be removed from the hobby. I don't have a problem with other people collecting them, they are just not for me.