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Are light sport aircraft overhyped and over priced?

The Aviation Consumer Magazine has recently made an interesting observation about light sport aircraft (LSAs) and their prices in particular. According to them:

Some think the combination of lighter, cheaper airframes and simpler pilot certification will yield a boom in private flying. We think it’s reasonable to say that almost everyone thought this, but if you now think the boom sounds more like a faint squeak, you aren’t alone. The LSA groundswell has yet to form and judging by comments from our readers and video viewers, the cost of the airplanes has something to do with it. Maybe a lot to do with it.

It was further noted that would-be buyers say as much (We would further add that much of the world has just gone through the worst recession in generations). However, Aviation Consumer Magazine also noted that real buyers want “tricked out cockpits and big-airplane options.” Hence, US$120,000 is about average for an LSA.

Thus, we would like to ask our readers what they think of LSAs. Are LSAs overhyped and overpriced? Or perhaps its the recession that has prevented their takeoff? We would love to hear what LSA and general aviation pilots think.

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