It's definitely pricey vs whatever the competition is.
e.g. It's >10x the LG7 Meridian Boom. I bought 2 of those and they were terrific for my kids at Uni or for us on holiday.
However, I don't share the negativity with the ref to Harman etc. If someone buys a $3000 table top speaker it really isn't going to upset the XE owners unless there is a whiff of snobbery. Meridian has to be profitable and it's incumbent on the board to drive strategies to achieve that. In recent years it suggests they are beginning to succeed.