When I buy shoes, I buy them to wear. They're a utility for me, and they will all get worn out one day. Recently, I have been buying more shoes than normal. The other day, I saw a long line at the Nike store, and it was just for a shoe!
I've always known there were people out there who wore sneakers for style and not for game. These guys don't play the game, or if they do, they aren't good. The shoe is just a fashion statement. However, people have recently been buying the shoes to resell.
I see it as baseball cards in the 1990's. The cards were valued highly in the 1990's when they came out. However, they're not worth much at all now. Why? It's hype. The cards weren't rare, the hype just made the cards seem rare. The same goes for these shoes. The shoes aren't worth that much.
In the end, if you're a collector, then just wait. The price is going to drop. If you want to ball, then wait because the price is going to drop. Or better yet, save the money and get a comparable shoe (or 2). The AJ29 are great, but if you can't swing that cash, get something else (non-signature). The shoe will still be really good, and it's not like the shoe is going to make you ball better.
So which shoe was the long line at the Nike store for? The Air Jordan 11. WTH? I remember these shoes when they first came out. People are paying these crazy prices for OLD shoes. It's a nice shoe, but there are better shoes to ball in now. It's a good looking shoe, but it's not the only good looking shoe. In fact, there are better looking shoes for cheaper.