Value -
Value is another very subjective topic. What is expensive to some might be a deal to others. You can look at this topic in multiple ways. One is raw price and the other is what you get for the money. Each is accurate and both are correct ways to look at price/value. We tend to look at features, performance and real-property when we discuss value. However, we also take into account the raw cash cost of the item. At $67 the HDMI to VGA is not an inexpensive accessory. It is still less expensive than buying a new monitor or projector. However, as technology moves forward we are not sure how much value this will maintain. It is nice to be able to perform the crossover from HDMI to VGA, but there are also cables that will push HDMI to DVI which is becoming on older standard now and is on most monitors and projectors. If you do not have this option and no budget to upgrade to a completely new display then we could see this as a viable option.
Conclusion -
The technology in the UtralVideo HDMI to VGA adapter from Accell is very cool. The idea of taking HDMI 1.4a and translating that to HD output to a VGA port is very nice. As we mentioned in one case when performing a demo for a company VGA was the only option on their very old Epson projector. I was a little surprised this, but considering I was brought into for an upgrade consolation not overly surprised. At $67 per unit it is a little pricey though. If this were under the $40 level it would be much more attractive to be honest, but some of the components are not at a price point that would allow this just yet. In time we imagine these will drop in price significantly. The down side of this is that by that time the chances of needing to push from HDMI to VGA will probably be very limited making the device less needed in the market. If you do need to send HDMI video to an older VGA only display then this is a good product to handle that for you. Otherwise you can pick up an HDMI to DVI cable for less and get the same job done.