I have a pretty high-tech background, I'm used to obsolescence cycles and pretty ruthless about upgrading.
Yeah, I have 65-year-old kerosene lamps. They function just as well as they always have, and I can appreciate their intrinsic and historical value, but they aren't anyone's EDC anymore, and they aren't what I'm going to grab if things are going "bump in the night".
I bought the P1D CE with the full realization that, now that competition is opening up, it's VERY unlikely to remain "state of the art" nearly as long as the previous generation, and whatever comes next will probably be obsolesced faster still.
Still, it's a trickle-down. As I upgrade my EDC and packing lights, the previous generations will move down into glove compartments, emergency kits and doorside duty.
I'd like to think that at some point the industry will realize that expensive, high-tolerance optical and mechanical components with very long useful life cycles should NOT be hard-coupled to solid-state electronics that are improving at an accelerating rate... that the components need to be modular and upgradeable to make it worthwhile investing in high mechanical/optical quality... but, then, the digital camera industry hasn't figured that one out yet either.