Not as eloquent as possible, but I agree with your thought. I think there are a group of wise Japanese businessmen somewhere laughing at pool players who buy this stuff. It is not a total ripoff, I mean the people who made it did good, and the people who buy it think it is worth it, so it's win win. But I think their price point could be lower.
I do see both sides, but to me this modern day business model of giving 1% more and charging 100% more has to go. I refuse to do it with jeans, cars, haircuts, electronics etc, and I sure as hell aint gonna do it with chalk.
I'd say if you really want to improve your game, take the money that you save by NOT buying your first 4 or 5 pieces of this stuff and buy a nice set of new centennials to practice with, or keep saving and invest in a better playing cue or something. The hype on this stuff actually improving your game though is just that imo.