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There's certainly a market for high-end 'tables, but with competitors like VPI at that price point (and far above), I think a "consumer electronics" name like Technics will struggle.
It's really about the gadgetry and bragging rights. Not sure mortal humans can hear the difference, especially between well designed 'tables (assuming same tone-arm/cartridge, etc).
My 10 year old Music Hall MMF-7 still amazes me to this day...and it was sub $1k.
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Mike
“I wouldn’t want to live under the conditions a person could get used to”. -My paternal grandmother having immigrated to America shortly before WWll.
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