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Couple of things.
I think it's important not to confuse cheapness with value. People don't book rooms at the Gold Coast because they're poor, they do it because there is little extra value in being in the more expensive venue across the street. I don't think anyone would mind a more expensive hotel (Westin Diplomat, Mission Palms, for example) if they were getting their moneys worth. You can say it's not fair to compare to other better shows all you want, but that's what the attendees are doing.
By the same token, guilt shouldn't be your only way of selling those $300 badges. If they were worth $300, everyone would buy one. Show threads always complain about value. I mean really, take a sheet of paper and write down what someone with a badge receives compared to someone without a badge... it's pretty funny.
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