[jessedhillon]

What you are arguing, essentially, is Marxism, particularly the Labor Theory of Value. You are saying that the value of this product is solely the value of materials and labor. That value created in the mind of the buyer, or in time-saved, doesn't matter.

Have you ever spent months of manpower and thousands of dollars coming up with a name for your company? I suspect not, otherwise it would be crystal clear what the value of this service is, and what an absolute steal $250 is. Nobody expects $7 for a domain these days. You might as well complain about how land is so expensive, considering it was all claimed for pennies per acre less than 200 years ago.

I don't even care for the logo -- to me it simply provides a demonstration that it's possible to create a decent sounding/looking brand from the name.

As for highway robbery -- well, that's fine if you think that. Again I wonder if you've ever been told that the minimum offer for a domain is 5 figures. You can go ahead and insist on your non-existent right to a $7 registration if you please, but pragmatic people who need to get things done ASAP will recognize this as an incredible offer.

If you do ever offer a product or service, what will you say when your customer insists that your price solely reflect the cost of materials and labor?

EDIT: updated