Thinking about it further I think the Days of bikes dripping with Blingy parts not over but they are certainly going on hold for a few people….
Look at it this way, the number of people able to afford a Full XTR/X0/XX spec bike will be less given the current state of employment and the economy… you’ll most likely see more people choosing not to replace that old “Heap of Crap” bike but opting to spend a Few quid on newer parts Deore/SLX/XT/X7/X9 bits All solid reliable kit that costs less and still functions as well just with some minor weight penalties…
Frame wise I think it’ll be a similar story, those who might have just thrown caution to the wind before and Spanked a large amount on something a bit Gucci will probably start shopping in the £200-£450 Price bracket as there are some well designed nice frames available now, the likes of On-one, Dialled, Ragley and Co are actually quite well placed for these sort of consumers, people looking for relatively good quality at a sensible priced frame to hang existing parts they already own on, upgrades rather than replacements…
And with all parts if it can’t last 2 years of regular use then it’s probably not worth having, Reliability has to be the key selling point I think now…