Well, the FX-700s were what, about $300? And then there were the $1000 or so DX1000. Someone correct me if I'm wrong, but I believe those started off the interest in JVC coming to head-fi and were pretty well lauded, and then subsequently they came out with more value priced models. To much of the world they might be Just Very Crappy (ha)... but inside Japan they might be considered to be a brand that produces quality stuff... is there anyone from Japan who can comment? The rest of us it seems have to import the good stuff.
It's also not too far-fetched considering that VSonic's GR08 will be priced about the same and quite a few people are eagerly awaiting their release, including myself. This adds another entry to the list of new IEMs in the $400-500 range, also including the 4.ai and UE900. Hopefully a few head-fiers will pick up one and we can have some shootouts between the bunch :) JVC and UE probably have the advantage as far as engineering resources and R&D budgets are concerned.
Have to say that the idea of a multi-driver dynamic is pretty insane. Not sure how well that will fly, but I'm curious to find out...
To me JVC has always been a cheap brand that make cheap electronic for walmart. It might be a very good IEM, but @ $467 it's a pass. Right now I don't have enough faith in JVC to commit to a $467 product from them.
The only reason why I bought the S400 and S500 is because it's dirt cheap.