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Kel-Tec sure has some innovative ideas. I just wish they were better executed.
I have a Sub2000 and like it a lot. I love the compact design, but wish it had better sights, and a better trigger, and better quality, and better...
The guy has been at this a long time. He has seen a few things fail. The S2K was originally made like an AR, all metal. Problem was it also cost what a decent AR went for so sales did not give them what they wanted. So they changed the design, lots of polymer and price at 1/3 what they had sold for. For years they were selling faster than the Co could make them even when there was no panic. So no reason to change. They did a couple years back change again and the 2nd gen has much better sights now. Again they sell when no panic is going so well that they are often hard to find unless you order one. Like so many things after market stepped in and started to offer a LOT of stuff for those who want to spend.
I still have one of the old style that was $300 when I bought it. If I ever manage to wear it out I will trade up to a Gen2. If they made a "platinum" model they could of course offer better sights and trigger and such. Have to guess the design team figured it was not worth it.