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I don't think many are underestimating Uli.  However, his goal isn't to take over the speaker world with Behringer. 


The X32 is a high volume revenue stream for him to get Midas at a low price point.  The Behringer array looks to be a way to generate revenue to allow Turbo arrays at a low price point.  The X32 and cheap arrays are secondary, so he can focus on the imbalance of quality vs cost of the primary brands.