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The Bose radios sold well not because of performance or appearance. Just perceived snob value, or the need to be hip. Yes, grossly overpriced.
There are plenty of older people who cling to the past and want stuff like this. In fact I know a guy who isn't so old who keeps trying to live his teen years again. He buys boat anchors and loves to play with them in spite of their poor performance. It wouldn't be so bad but that's his only interest; he shuns modern stuff. I call him a moldy fig, but maybe that's unkind.
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