You have to look at things from other peoples POV's, £400 to some people is pocket change, and not a lot of change at that, I can easily spend £1500 on a suit that is bespoke, no problem at all, alot of people in the same job as me sneer at that, and even Next suits, even though they can afford bespoke themselves easily.
However, the AW Woodlore is not bespoke, but then again neither is it Next :?: What is bumping up the price is not the workmanship or the ruthless eBayer, but the demand, there are simply not enough of these to go round, and maybe production will soon be ceased, the future availability is very hazy.
I lost mine last year, had it for nearly ten years and loved it, I had to pay £275 on eBay for a quick replacement, and regret it not a bit, if it happened again I would be happy with my custom WS Woodlore, but I didn't know about them then and probably would have used the "Buy It Now" option if this guy had been around then, the amount of money would not have been an issue, the availability would.
Perhaps after a load of investigating I could have found a knife at a lot less cost that would have suited me just as well, but a) I couldn't be arsed, and b) How much would I have to spend on knives not freely available to handle before buying, before I settled on one. Loads knowing me