Because these are cameras, not fine pieces of furniture, or handmade violins made during the renaissance by skilled craftsmen.
These are no longer mechanical devices that need to be built to last a lifetime. Maybe that was true 40 years ago. But today these are electronic devices that mount lenses, and you'll be lucky if you can use a camera body for more than 5 years without being hopelessly behind the state of the art.
Would you buy a Dell Computer for $10,000 if it was hand crafted of the finest materials and was built to "last 50 years?"
And what if that Dell was really built well, but didn't perform as well as an $800 Gateway that came in a plastic case?
Leica is supplying their market with status symbols for very wealthy people.
People buy Leica cameras because they can.... and you can't.
And that's worth something to them.
It's like owning a Rolex or a Rolls Royce.
It's why rich people own private jets, and live on their own islands in the Carribean.
And they actually do feel guilty about this, because they will invent all kinds of convoluded reasons why their cameras are "really better" and "worth 25 times more than yours." Even if they are slower, have more noise, must be manually focused, have frightfully expensive accessories, and you have to disassemble the camera to change a battery or memory card! These all become "pluses" that justify the higher cost!
The truth is, they don't have to justify anything to anyone.
They want something.
They have the money.
And it's THEIR money, afterall.
So quit whining.
My Leica M3:
--
Marty
http://www.flickr.com/photos/marty4650/sets/72157606210120132/show/
Panasonic FZ30, LX2, TZ5
Olympus E-510, Zuiko 14-42mm, 40-150mm, 70-300mm, Hexanon 40mm, 50mm