I agree, absolutely pathetic.
Lexicon's marketers (and I hate to blame it all on Harmon since some fine researchers come from there) probably thought that rebadging the unit and selling it for $100 more wouldn't garner enough sales since Lexicon is almost always a 4 figure to 5 figure priced unit. They will sell more at $3K though!
Caveat Emptor! All audiophiles need not be diyers. However, if they were just savvy with a screwdriver, you could return the whole unit back to the dealer upon discovery. But you know those Wall Street industrialists could really give a *&%$, as long as it is from a recognized audio/video brand like Lexicon. Both Mark Levinson w/Red Rose Music and the late Audio Alchemy did the same thing. The ACD II from Audio Alchemy was a rebadged Sony, but at least they only increased the price by something very small like $200. My colleague was absolutely surprised when I told him that it was a Sony with just a bad fuse!
This is nothing new but I think morally it is inexcusable. The argument from the manufacturer's standpoint is that they have incredible warranties!
Anand.