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I doubt anyone here is looking to spend that much money to make a fashion statement.
Sure, we would know it by now if 'fashion' was working at all to drive sales. And if it was, by now we would be surrounded by ads absolutely everywhere, and our landscapes would be filled with mountain-like piles of trashed useless craps that we would feel the need to regularly throw away in order to make room to buy the newest and latest whatever trendy crap. That's obviously not the case. Aren’t we lucky.
Let me ask you this: for what reason do you think most people buy the latest $1000+ smartphone?
Is it because they need the hardware, be it the titanium or whatever metal body because they regularly heat their phone so much that titanium is the only reasonable option? Or is because it looks somehow cooler? Or maybe it’s because they need more pixels in order to share a sharper video of, say, the latest revolutionary brain surgery procedure they devised? Or is it in order to share some video of their cat, or their latest shopping spree, or film themselves in front of whatever touristic destination they fancy visiting? Please, do note that I wrote 'most people' and not all of them, as I certainly don't doubt a few targeted consumers do indeed need whatever new features are made available.
So, as a matter of fact, I do think a lot of people are more than willing to spend whatever amount of money they consider reasonable, be it a couple hundred bucks on e-ink device, or 1 million dollars on a diamond incrusted fountain pen, or even 50 billions to buy their own Twitter (which is also a writing device, mind you). Or do you think a 1 million dollars fountain pen write that much better? Hint: it doesn’t.
Do I think the OP is one of those person? I have no idea and how would I know? But, contrary to you, I don’t care at all because I don’t think it matters.
I simply offered a cheap (answering the OP exact concern) alternative to e-ink, an alternative I know is very often overlooked because, well, it’s so low tech (which is not great in a society that has a constant ~~hardon~~ interest for high-tech).