My concern is this sounds like speculation. I will return to something similar to my last question. If the gray market cameras are equivalent to their mainstream brand names, then why are/were they made? This last post suggests that they are even made on the same assembly line. Absent a reliable explanation, this makes no sense to me. Perhaps more importantly, getting back to some of the original questions, why would somebody want to buy a gray market camera if they can get the “real” thing, all other things being equal? I am not asking these questions for opinions, rationale, or speculation. I have been involved in UHH long enough to know that we may have participants that actually have the answers that make sense.