The issue isnt just with XTR though.
Just a few examples.
XT Cass – £78.29
XT Shifters – £107.65
XT Chainset – £205.52
XT Shad R Mech – £78.29
Now im well aware that once all the old stock has dried up and companies are purchasing at these new prices there will obviously be discounts on these prices but they arent going to be far off what you could get XTR for 6 months ago.
Deore is now pretty much what XT was a few months ago (except the chainset):
Shifters – £68.50
Chainset – £73.39
R Mech – £48.93
F Mech – £31.31
Sure the prices on the XTR are the headline grabbers but its the Deore/SLX/XT price increases that should be the biggest cause for concern. Plenty of times ive smashed up a rear mech out at a trail centre somewhere ad just popped into the shop for a £20-£25 deore to get me going and not spoil the ride. Now they are listed at £48.93, so your going to do well to get one from this type of shop for £40.. id probably pack up the bike and go home.
As for people spending large amounts on XTR, why let it bother you. It will still be purchased because it is the best, many people want the best regardless of price and regardless of wether or not they are a pro racer. Fact is its nice to have nice kit and most people will buy the nicest kit that they can justify to themselves. For many people this may be deore, for many others it will be XTR. Were all different and we all like different things so arguing about it is a pretty fruitless exercise. 😉