You are right it is a excuse, but it is one that rings true. Trek fans wouldn't pay Hot Toys prices for a 7 of 9 figure. Plus no one is making these figures, and QmX dropped the ball because they made the same mistake all the others do, (make the big three and when sales drop off end the line.)
So compromises have to be made to get the product into a decent price range.
It's less about being blinded and more about understanding.
Do you really think people would buy a 300 plus Paris, Kim, or Neelix, let alone another company be willing to make them?