What Is a "Low Cost" Camera?

In another discussion (canon/milestone) a comment was made about "low cost" cameras. I consider under-$200US to be "low cost". A 1-channel Grandstream encoder is 150-ish, a 1-channel Axis encoder is $450-ish, as an example. The low end (Axis/Acti/etc) is under $200, generally. I don't think $400US for a camera is "low cost". What does this community (who has to sell these things...) think of these numbers?

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