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I'm sure this will have no effect on the price of this famously expensive product

now it will be expensive, and require you take a course to learn how to correctly buy a licence.

It may get more expensive in the future. ;)

I'm not sure even Cisco is up to the challenge of making Splunk more expensive

I'm sure they can make becoming a Cisco Certified Splunk Architect more expensive, though.

this is a very fair point. I forgot they could make an entire academy around new certs.