And that's one of the risks that you can and should expect with crowdfunding; that the product really isn't very good. Another is that the person who is doing the project under estimates the costs involved and can't complete production. I see those both as reasonable.
At this point I'm exclusively funding creative projects (web series, indie movies). Generally speaking I look at the rewards offered for a specific funding level and if I think that's reasonable value for the investment, I go ahead. To date I haven't funded anything at more than a US$50.00 level. I would actually have funded the Othermill at the $999.00 level, but unfortunately the Kickstarter had already closed by the time I heard about it.
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