Yeah, the pricing was insane. I took the view that they were oodles cheaper than TNG was on its first DVD release ($120AUS for each season, versus just under half that for the Blu Ray seasons), so from
my point of view it was a comparitive no-brainer.

But when there were international versions out there selling for a cheaper price point, not to mention other TV shows on Blu Ray, then the 'first run' of TNG-R BDs were overpriced in the marketplace. Plus of course, there were some who were waiting it out for the value pack 'Complete Series' release, and the decision to release The Best Of Both Worlds, Redemption, Unification, Chain Of Command and All Good Things as seperate releases alongside the season sets was commercial suicide, because they're either marketed at the rabid Trekkie collector who'll buy everything (surely a minority audience?), or else they're aimed as casuals who aren't gonna pay out for full season sets anyway. In practice, they were only an added cost for the distributors, with a limited financial return. The 'seperate stories' releases were basically dead weight all along, they were almost
fated to fail, and they *might* just have dragged the season sets with them...
Part of me thinks that CBS-Paramount's consumer model, based as it was on the old DVD model and the expected targets of what they
anticipated the Blu Rays would sell for, was also out-of-date for a world where streaming is coming ahead in leaps and bounds. They clearly looked at how Trek used to sell on old media and factored that into the restoration costs, coming up with a figure that they then based the RRP on... but when consumers failed to buy up the new sets, those predicted sales targets went out the window, and the whole thing fell to pieces.
Another problem was the severe lack of publicity. I've heard rumors that Season One sold extremely well, and that one was heavily promoted for it's day-and-night restoration, but the following seasons gradually got less and less advertising, and sales dipped. By about the fifth or sixth seasons, it was hard to even find out the release dates of these things, and a grand total of ZERO of the local stores in my area ever stocked them (I had to buy them online). It was like the Blu Ray sets were being released into a vacuum.
I definitely think that mistakes were made. It was all a bit of a cock-up, in hindsight.