The suspension dropper post is interesting but probably not essential. It's the top level launch and the AXS that's making it six hundred dollars. But the basic idea of a suspension dropper isn't new. PNW makes one. I believe theirs is bouncy for the whole travel until it's fully depressed, while the new SRAM product is locked out at top out. And the SRAM seems to have adjustable damping by where the AXS servo comes to rest. I honestly think this has less market than the suspension fork but there are other places to use it too... it would go great on the stoker's seat of a tandem.
The price of the fork is in line with other forks at the same feature level.
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Genesis 49:16-17