Well I am glad that reps are where they are now... I am definitely looking foward to recieving mine.
I am sorry to hear you say that you that this is the hayday as that means it is downhill from somewhere in the near future... I have to wonder if it will be though... maybe it will be cyclical... counerfeiting has always been good business and I somehow don't see it changing... as long as we have capitalism, counterfeiting will have it's appeal.
Capitalism drives people to charge a premium, it is also what drives people to make counterfeits (to capitalize on the premium charging gens) and what drives the counterfeiters to make better quality fakes...
As quality rises, so does general interest, the fanbase broadens until it becomes passe or grows so big it has to be quashed. It dies an ugly death and is reborn years later when it's no longer hip for whoever does the hammering to hammer on that particular kind of counterfeiting anymore.
I don't know... I don't have nearly the experience in rep watches to really talk a lot of talk, but in general that's what I have seen in the world.
I hope that reps continue for quite a while and contiue at the quality they are at, but bearing that in mind I won't be holding my wallet quite as tightly for fear of missing out on something I like before it's gone.