It absolutely failed to justify its price point IMHO. If it were affordable people would be finding uses for it, but when it is that expensive you basically need a business justification for buying one. That means you won't have a hobbyist community finding new and interesting things to do with it.

This leaves Apple and maybe a handful of subsidized third parties as the only people making applications for it, which is pretty much a guarantee that it will remain a tiny niche industry.