Me too. Way too expensive for what it is, but, also surprisingly better than I expected it to be.
Also am comparing with the much less expensive ESR Rebound Keyboard 360 which I also have here. That is a very good piece of kit (also with function keys) & especially for the money. But the Magic keyboard is just that much better aesthetically & in terms of keyboard feel, backlighting & possibly balance. Balance on the lap is a little better, but still a bit odd. The new angles also work better in this respect.
The thing really missing to me is a magnetic case with sides protection for the iPad itself; can only work nude with the Apple keyboard whereas the ESR came with a nice slim protective case for the iPad when removed. Keeping the ipad is as new condition has been important in the past, for resale, trade etc & we know just how often expect us to upgrade. I’m shooting for three years.
Will try with a Pitaka MagEZ case when it releases, but I hope this doesn’t effect the weight too much, is on the edge as it is. This is also meant to be compatible with their MagicEZ Folio, we shall see.