The complete mold set was listed on ebay three times in 2010 to 2012, first at $5000 with a $8000 reserve,  and received no bids,  the second time listed at $4500 with no reserve,  remained unsold,  the last time listed at $4500 buy it now with option to make an offer,  and that too went unsold. 

So yeah,  if you want me,  or anyone else to believe the molds cost them $50,000 you are barking up the wrong tree. 

Additionally,  I asked Tamron who actually works in the peripheral manufacturing industry about your claims they are using the same molds as the wii retro controller and heres what he has to say :

"the wii retro controller is by interworks limited,  who use the same shenzhen manufacturing facility as PDP and Nyko,  to reduce their own production costs they commisioned the design rather than create it themselves,  so while they get the product they want,  they forego the mold manufacturing costs which are footed by the factory,  in exchange for a lease period where at the end of said lease,  the factory would be able to reuse the design for themselves with different branding. 

Interworks is still within their lease period,  so theyre able to continue to manufacture the product,  but the factory still owns the molds,  any dealings with future uses of the molds would be up to the factory not interworks,  and subject to the end of the lease period,  too.  Conversion from wireless to wired would require significant retooling of the rear housing and structural retooling of the front housing,  somethin the factory would not do unless they had a sizable PO lined up,  a startuo company or kickstarter project cannot garuntee such a PO so would be refused. 

In short,  the only way they could use that controller is by leaving it interworks branded and bundling it,  converting it to wired or rebranding it themselves is both financially unfeasible and subject to a lease period which does not end for another 2 years. "

And with that,  i maintain my stance,  this is a shitty cashgrab. 

I think this is awesome. Hope it will be legit and not a joke like the OUYA...

Hmm, i own a little over 300 electronica vinyl and i disagree with most of your statements here.The issue with vinyl pressings plants becoming overloaded and lead in times stretching out to 6 months now is mostly due to huge runs of 30,000+ for big labels re-releasing old music in "remastered" special editions.Anyone with a vinyl cutter can technically make a record but the quality is nowhere near as good as a properly pressed record (Will also wear out faster) and there have not been any vinyl presses made in 30+ years.So it is getting harder to make records.And the last point here, if you go on kickstarter you will see hundreds of projects from first time artists wanting to put music on vinyl, and generally it comes down to whether the music is good enough as to whether it was funded.

I can foresee several games for this system being funded on kickstarter, thus the developers have financial support upfront plus free advertising in the retro magazine specifically targetting the people they want.I'm not discounting this idea out of hand, it could work.

Where did I say they are making the controllers themselves? They are working WITH Interworks to make these controllers for them. They only manufacture the console shells and the cartridge shells.

I think the Jaguar looks better in the dentists office :D

Better connection there, Jaguars known for having nice healthy teeth, rather than being related to good gaming systems!

You are now pulling false information out of thin air to back up your shakey stance.

interworks do not own the molds, they commissioned them from the factory that supplies the part, they have a lease agreement with the factory that allows them to sell the controller with their branding for a fixed period, once that periods over they must either extend the lease or the manufacturer can use the mold for their own products, mold leasing does not permit the leasing company to created modified versions or alternative branded versions of the same hardware, and Interworks don&t actually have the technology to modify the created parts.

Even if these guys went direct to the shenzhen supplier, they couldnt get modified versions of that controller, or the same versions, because the design is currently leased.

i'll put it as simply as possible.

Until the lease ends, the only controllers they can sell are the ones they currently sell, branded what they are currently branded.

Modifying te design would require a rework of the pcb and molds, something neither interworks or the factory are going to invest in for a kickstarter project.

I did some digging and Interworks doesn't even own the pcb design either, so the chances of them paying out to have a wired version made are virtually none.

Basically, the only way that controllers being used for this console (assuming it ever even makes it as far as being made) is bundled with the original interworks packaging, using wireless to connect.

But hey, what do I know all I do is make gaming peripherals for a living.

Are your serious with that comment. Just say you want things digital. When there's 30 year old NES carts that been thrown around on the floor to hell, and work fine.