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They don't make lenses for £150, they aren't aiming at that end of the market. The Leica budget lenses start at £1,049. Go look at the way a Nikon supertele or Canon supertele is made and it is closer to the way Leica makes their lenses. It's partly why you're paying the money that you do.
As for the bodies it's comparing something hand built and hand checked to mass produced, it's not really comparable.
You are missing the point. I know they don't make lenses for £150, but if they did do you think their manufacturing processes would make a better lens for £150?
Do you think Canon or Nikon or anybody else can make the same lens as Leica for £5,000?
Do you think Canon or Nikon could make a like body for £5,000 if they wanted to?
Handmade is not automatically better and it is certainly not more efficient. Pay the cost all you want but don't pretend they are better because of it.