You seem to be confused; I said the F(x) Pro1 X (shipping next month), not the old F(x)tec Pro1.
Looking at specs: SD662 6/128 829USD
The hardware BOM should only cost ~200usd. The rest is software sorry/markup for being a small company with limited volume. Not great value and a horizontal keyboard isn't my thing personally but I'm glad they're competing!
Depends on what your values are, I guess.
Also, it looks like a great phone.