The way I look at it is this: you have a choice as a newbie, you can buy something for $200 from a major manufacturer that will sound reasonably good or you can buy something for $200 from this group buy that has a small chance of not working, but if it works, will be a heck of a lot better than anything out there in the $200 range, and probably better than anything in the $500 range. Sure, it's a gamble, and everybody buying one needs to understand that.
Again with the hyperbole!
In the $200-$500 range, you've got the FMR RNP, ART MPA Gold (or Digital MPA), Grace 101 (for a few bucks more), Rane MS1B, SP VTB1, M-Audio DMP3, GT Brick . . . and these are all pres with lots of experience out there, they come with warranties, and you can have them at your door this week. And I have seen many PCBs, I guarantee you ART and Rane (and EH too, forgot them) look nothing like that one.
Or if you want to try DIY, there are the Gyraf designs, the Five Fish kit, all the lunchbox stuff . . .
I assume (very dangerous) since the N word is frequently dropped that this will be a discrete design. A good discrete design can sometimes require intensive labor doing things like matching transistors. That's a part of what makes them expensive (the transistors themselves are cheaper than a good IC). I saw Bruno Putzeys post that he had made a better discrete design than a high-end opamp, but it took two things: him, and 40 transistors. So I'm putting my money on TI's (or AD, or THAT, whomever you like) EE staff, rather than a nameless manufacturer of questionable PCBs.
To extrapolate from the mic experience, this is my review: the first description of the condenser mics was, and I think this is a near quote, the brightest mics the poster had ever heard. In the sound samples posted, I thought the tube mic sounded nice. The ribbons sounded like ribbons, so no trouble there. I tended to agree with the poster's reaction to the other condenser mics.
At a similar price multiple you claimed for the preamp, do you really think there isn't a better condenser mic? Say up to $300? You're talking Shure KSM27, 109, or SM81, AT3035 (or even AT2020), and their SDCs, the SP C range . . . people seem to like the CADs, and even the MXL tracks I've heard sounded fine in comparison.
It's true the group buy was a good deal for ribbons, especially since it seems that some of the "professional" importers aren't doing any ribbon QC either. But if you look to Shinybox or one of the others who supposedly are inspecting or swapping trannies, that could still be a better path (albeit pricey) for those not comfortable with repair. I recall one group member broke their ribbon attempting to fix it, another sold it on the spot after seeing the sag and not wanting to deal with it.
So from my outside perspective, it's been a mixed bag. That's hardly the kind of basis for the statement you made above.