It's the Europe foils that are v expensive ( not 470 )
The Europe foils have a very low minimum weight, no carbon, so I have to use high density foam at the top, medium density lower down, and S-glass, in order to get them stiff and strong enough. S-glass has become expensive - almost as much as carbon ( because carbon is being used more ) and you need to use twice as much, and in a complex layup.
My experience in moths with the changeover from ply/glass to ply/carbon/kevlar to carbon/ foam was that the selling price for the hull was unchanged in spite of the advance in technology/stifness/strength/longevity. The materials were more expensive, but the labour time reduced. The downside for me and the class was that the boats lasted a lot longer, so there were less new boats being built, less trickle down, so less secondhand boats etc etc. In the 70's when boats were just ply and disposable , the guys at the top of the fleet had a new boat every year, and a 5 year old boat was heavy and bendy and slow. The newer carbon boats stayed competitive for at least 5 years, but of course designs moved on a bit.
There are very few ply Forman 4s left, but there are some reasonable early foam sandwich cherubs about still.
Just look at other wood boats eg Merlins - not cheap. Wood/ply is cheap, but labour is not.
However I agree that the Cherub is no longer 'inexpensive' , but even a GP14 is almost £10,000, so it depends what you compare it with. I'm sure that you can easily spend £25,000 on an i14, so Cherubs are very cheap in comparison
