Sure, it's not great for anybody looking to build a new box, but there is an upside. If you're a gamer, your current kit got a life extension. And developers just got a reprieve from having to chase new tiers of hardware performance. I don't think it's a bad thing for the consumer world to just hole up, take a pause for a couple of years, and mature what's already in place. Look at what happens to console game performance on year 1 vs year 5. The hardware doesn't change, but everything gets better.
Of course all of the other things that have ram may become problematic... but a lot of those don't use cutting edge ram. They use old shit because it's plentiful and cheap.
Of course it's a mixed bag. I'm not claiming it doesn't irk me to see prices like this. I'm just saying it's not 100% bad.