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Nest is overpriced, sure, so are most new Porsches. I'd still get one (of each) because I like the design, features, and it's a clever little device.
It's done well for me, as far as savings, using "airwave" etc...and occasionally (rarely) I've enjoyed changing temps from the iphone while away from home. Mostly, if I'm honest, I like it because it's cool looking, and we're not talking $1000 here. That being said it is expensive enough that I did not yet buy a second one for downstairs ;-)
If you are questioning the price, it's probably not for you (nothing wrong with that), you are clearly paying $$$ for a cool design. If you buy one, you will probably love it.
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