I posted this in another thread. The issue of market softness of high performance boating in particular is around the increased cost to be in the sport/hobby. In 2001, you could buy a brand new Cig 38 Twin Step Top Gun for 150K. Today, you pay $350K. This has something to do with the increase cost of petroleum based material but also, quite frankly, the products are a whole lot nicer around finishes. The variable and associated costs are up as well. In 2001, gas was $1.50 on the water, today it is between $3- $3.50, Insurance was about $1200 a year, and today I pay $4700. Storage has also doubled, trailers have doubled. Name another industry that you have seen a rapid inflation of cost. If you can find a few other than South Florida condos, I bet they fit in a “need” category versus a “want”. The bottom line is that the sport/ hobby is now only affordable to a few. The middle class can no longer afford to participate, which softens the market as a whole. With no middle class, the secondary or resale market dies. It eventually pulls down new boat market as well. You are seeing some of that now. That is why companies like OL and Active Thunder are only doing limited production of their product, so they can control their margins and ability to profit in a smaller market. Production makers like Donzi and Fountain will suffer given the shift. That’s just my .002.