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ūmi: Costli

Eric Savitz of Barrons’ has rounded up Wall Street’s responses to Cisco’s new ūmi home videoconferencing system. Consensus: At $599 for the hardware and $25 a month for unlimited calls, it’s too pricey. Of course, there’s a market for expensive-but-neat gadgets, but after chatting with several Cisco executives at its launch event yesterday, I can’t quite tell if the company is going after well-heeled gizmo nuts for now, or whether it thinks it has something that’ll appeal to the teeming masses right away…

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