Or that folks are not paying a premium? Isn't that exactly what this thread is about? Are you telling me that you can't get a mil-spec AR for less than what a Colt costs?
Okay, I see... I think we were talking apples and oranges. Yes, I agree that I would not consider Colt a premium AR. Solid, worthy, reliable, durable, a good choice for an entry level AR. Of course one can build a mil-spec AR or perhaps even find a complete rifle on the retail market for less than what a complete Colt costs. Will it be as good as the Colt? That's when things become pretty much subjective.
But no, as far as complete production ARs go, I don't think one is paying a premium price for Colt ARs
at this time. The MSRP has come down about $200, and now there are some other makers out there charging around the same or more for their basic mid-tier AR (Springfield Armory comes to mind) models. Even the Ruger AR-556 has an MSRP only $80 lower than the base model Colt M-4. If one is happy with DPMS, Del-Ton, Diamondback, S&W, PSA, etc., maybe one has the perspective that Colt charges premium prices.
My thinking is that proliferation of AR manufacturers and now so many hobbyist consumers, the AR market is just stupid crazy right now. Guys getting into the platform want the cheapest entry-level rifle they can find; once they start learning about ARs and get heavy into the platform, the snob effect starts taking hold and people start obsessing about such things as "mil-spec" and "tiers."
Then we get Youtubers such as SmallArmsSolutions doing videos obsessing about the changes in rollmarks/markings on products and pontificating on the evolution of manufacturers' guns (more MIM, more outsourcing of parts, etc.) when most of the changes have virtually no impact on the quality of the product.
I would agree that Colt over-prices their 1911s -- while they are typically accurate and adequately reliable out of the box, many other makers provide substantially more features on their comparably priced 1911s, i.e., factory night sights, frontstrap checkering, smoothing sharp edges, etc.).
I don't know about current SAAs -- my only experience is with a couple second generation models, and there's no way I'd try and buy a 3rd gen -- I'm happy with my Italian stallions.
So, to conclude, I view the Colt ARs differently than I do its 1911s and its SAAs, I just don't think comparing the ARs to Colt's other products is a fair comparison. But again, this is just one guy's opinion.