Vic, i agree with Eke and i also agree with some of your findings, still H200 has some miracle for me, it is like coming home, putting off lack shoes, changing into slippers, leaning back in soft armchair and sipping some good drink and puffing a cigar... This really like coming home. H200 will not beat more sophisticated IEMs but H200 holds its unqiue sig which make many people very happy and willing to pay the price.
one more observation is that H200 can be source picky, i find it best pairing with c3 and BH openning the whole music Nirvanna but pair this with RWAK i find it becoming shouty and stressy sometimes... yes, expensive does not mean synergy and for what is worth i find H200 pairing much better with c3 and BH or even Cowon S9 i have... and not RWAK.
NB: for what is worth and IMHO