I want to get an e-bike that I think will have the size, power and range to haul my 6'2" 300# butt around a few miles. I am not really sure how much I'll use it, so I don't want to spend thousands of dollars and have it collecting dust until I finally get rid of it at a huge loss in a few years. I actually went as far as buying a cheap crank-forward bike intending to buy a kit to power it, but then I don't really want to take on that project and deal with all the unique issues to solve on a one-off DIY. Now for less than I probably would have spent on the kit I am taking a chance and am in for a Wave. No, I don't like the CF model, and no I don't expect it to compare to a high-end commercial e-bike. But I think it will be at least as good and probably much better than one I built myself, and the more successful the campaign the larger the community of people to share info and experiences with if/when there are problems. So far I've paid for the bike, shipping, upgraded battery and charger, and puncture resistant tires and I'm in for $793. The campaign is at $369K and if they get to $450K there is another "stretch goal" to add a 6-speed cassette for another $35. No way I could touch these specs for $800 doing a self build. And honestly I don't really care if these guys are trying to build a sustainable e-bike company or are just organizing a massive group purchase. In fact, organizing a group buy and starting a company are such very different things, I imagine they aren't. It seems clear to pre-purchase inventory, build a network of dealer relationships, provide a support organization, etc. etc., would just drive the prices up to what everyone else charges for e-bikes. And whether they're gouging or not, I doubt anyone is making millions in the US e-bike biz. Assuming I get what's been described and shown I will be happy. And if I turn into a hardcore enthusiast my next bike may be a custom mid-motor job with auto-shifting nuvinci and belt drive, or a Stromer ST2, or maybe a higher-end group buy on KickStarter. Who knows? I'm just glad to have what I consider a more reasonable place to start.