I watched/listened to the whole Michael Fremer/MikeFromTheInGrooveInPhoenixArizona/Chad Kassem earlier.
First of all, I enjoyed the debate itself. Sure, it got petty at times and they talk over each other quite a bit, but at the end of the day, it's 3 people that directly work in the industry giving their honest opinions.
The argument of "Well they sell out so there is clearly a demand for them" isn't one that sits well with me. Pressing any records/acetate's in such low numbers and adding a big hype campaign around its limited nature will always end in sales for FOMO and as investment opportunities alone (in addition to people actually wanting to hear them). When MikeFromTheInGrooveInPhoenixArizona brings this up Fremer says it's unfair to state that as you can't know for certain, but Discogs listings show just that when looking at the crazy re-sale prices of similarly limited releases (ERC for example).
At the same time, completionists will buy anything when it's from certain artists and Coltrane clearly has a dedicated fan base that likely includes these types of collectors.
Personally, my main worry is that the pricing for standard releases will increase when record companies see that these £350 releases are selling out within minutes. I'm not saying I think there will be a massive jump, but in the past few years alone I feel like the typical £18 I used to pay for a new release is now more around the £23 mark. Sure, inflation and Brexit has likely impacted that here in the UK, but I also believe its record companies being able to justify these prices based on previous releases selling just fine.
The HEADLINES from the chat is certainly the news of UHQR Coltrane's (Ballads was mentioned) and the Analogue Productions Prestige series.