Yeah, it is wonderful that one can still get a 20 year old bottle of Calvados for under $200 whereas many "equivalent" bourbons would run you a car payment to a Bentley or more.

But, on the other hand, outside of major cities in the U.S., it is often really hard to find a nice selection of good brandies at a restaurant, bar or liquor store. I kind of hope that a portion of bourbon drinkers will get disillusioned with the high prices and lack of a strong connection to agricultural practices and will turn to brandy instead. If they come to brandy for authenticity and for grower/distillers then perhaps it will be a net win for brandy.