Oh I totally agree that the RAH has a lot of hype associated with it which is why a lot of people just have to have it...though not at all the reason I bought it. I mean, I dig Page, but I haven't got a single piece of Page paraphernalia.
I heard the RAH and I thought it had some unique tone possibilities, which it does...so it wasn't yet just one more "looks different/but sounds the same" OD pedals.
Thing is....there are plenty of absolutely *no-name* OD pedals out there that are also selling in that same price range....so buying a RAH or one of these new Bogner/Neve pedals isn't crazy.
Are a lot of pedals over-priced....?
Yeah, probably, but I that's where the market is, and they're not all just the same old OD pedal. I mean, there's definitely a tone quality difference with some pedals, though not always directly proportional to the price.
I've got maybe a couple of dozen pedals - a bunch of time based delay/flange/phase/reverb, a few fuzz and a few OD/Boost/Distortion.
I maybe use a pedal once in a blue moon, but they each provide another tone option if I need it.