I guess my problem is that Ibanez would approve a guitar with such limited appeal. I can understand low-market-share models like the J-Customs, but they charge an arm and a leg for those, and the craftsmanship is worth it. They're not production guitars, for the most part. The K-7 isn't really a bad guitar - it's nicely put together, but it's got that freakin' "K7" logo on the fretboard which ruins it for everyone but a Korn fan with a lot of money, which is an oxymoron in the first place. When you compare it to a PGM or a JEM for that matter, those guitars don't say VAI or GILBERT in huge letters on the fretboard. You don't have to be a fan of either artist to like the design. It's (forgive me) basically an RG with cool paint and better hardware. It appeals to a lot of people, not just the artist's fans. For that matter, almost all of the SUCCESSFUL Ibanez signature models are cool variations on a proven design with broad market appeal. They're not limited to just that artist's fans.
With the duct tape guitar, to me, it just looks like crap. Anybody with a beat to hell Talman and a roll of silver miracle tape can do the same thing. Why pay extra for a factory job, especially if you're not a fan of it's namesake? My earlier examples were crude, but WOULD you buy a $1200 guitar smeared with dog poo just becase it had Paul Gilbert's or Steve Vai's name on it? OK, some of you would, but not enough to make a production model out of it. I gotta question Ibanez's marketing study on this one, guys.