Okay....I'll bite...
Your feelings are well-known....but just not understood. ;)
I'm not a big Vistalite guy, either, but I gotta give Ludwig credit for blowing everyone's mind with them. They were probably the most visually interesting and noticeable drums. They echoed the bright colors and futuristic dreams of the time -in drums! They have great projection and cut through amplified guitars and basses better than their wooden counterparts of that time.
Problems? Yeah.. They often cracked at stress points. Owners definitely found that out the hard way.
I think they stand to become one of the most highly-sought lines of collectible drums one day and well-kept/un-cracked examples will fetch extreme prices. By the way, I don't think that price is bad for a red Vistalite snare drum if it's in good condition.
And don't snicker too much at that Maestro, either! One in its original box and un-played could be worth a pretty penny, too! just sayin'...Toy collectors love those!