[Full Disclosure: I do not own one of these, but only because I'm currently rocking a dasKeyboard that meets my needs; if this had come out even a couple months earlier, I'd have been all over it like white on rice]
I realize that, in a product review, it seems almost mandatory to have something in the under the "bad" heading, but I'm not sure that I think the things you wound up putting there might be a bit of a stretch
Yes, it costs 7 times as much as a crappy membrane keyboard -- actually, depending on the specific crappy membrane keyboard, it probably costs 15 times as much, because I think if you try hard you can find one for $10.
But anyone who actually lives on a keyboard should never, ever use one of those things. Since that is the clear audience for the CODE Keyboard (and the aforementioned dasKeyboard), I think the comparison is not only unfair, but actually irrelevant. The CODE keyboard is in the same ballpark with other mechanical-switch, 'We miss IBM PC-AT" keyboards, and I think that's what matters.