If you don't mind answering - what blades/razor combo you're using and are there any downsides (ex. easy to cut yourself, shave quality etc.) that you choose to live with?
Many believe that shaving technology reached its peak quite some time ago.
I guess it would make sense to not continue building a competitor's product, but on the other hand there might have been contracts in place before the takeover. I found it confusing that this rather interesting point wasn't invetigated. Perhaps I missed it?
http://smile.amazon.com/gp/product/B001QY8QXM
They are quite well-reviewed, so I'm not the only person who likes them. I have a no-name butterfly-style handle, for which I think I also paid about $10. I splurge a little to get the gel-style rather than the white-foam shaving cream, although I always get store brand so I don't splurge too much. b^)
I cut myself all the time with the cheap no-name Israeli blades (rebranded Personna?), so called it a false economy. Not impressed with Astra either. YMMV - softer hair doesn't require as much cutting.
This is actually a pretty common phenomenon among pretty much any kind of blade. The logic is that (supposedly) the majority of knife accidents are caused by losing control of the knife through applied pressure. When something unexpected happens, the knife has a lot of force behind it and travels quickly to places it isn't supposed to be, like inside you. A well-sharpened kitchen knife will cut through vegetables with barely more pressure than the weight of the blade, so unexpected forceful interactions are very rare.
They recognized that the existing players on the high end were reaping above-average profits from their brand + distribution, but without strong product differentiation. If they could (and it seems they are) launch a strong brand with good quality products at substantially lower prices, they could earn a sizable chunk of the market. Cutting out retail margins and owning their factory should let them keep pretty strong margins even on the reduced price. Pretty epic.
[0] http://money.cnn.com/2005/01/28/news/fortune500/pg_gillette/
I suggest using hair conditioner as a lather to prevent nicks.