Yeah, I had the same thoughts - price - a few months ago, when I somewhat reluctantly purchased the Brukus item for my XCT bags. (I also figured that I spent this much already on the XCT itself, what's a few more.)
In any event, I emailed Brukus afterward, telling them that I liked the product, but that I thought they would sell more if they could see their way to lowering the price somewhat. Here is part of the email response I got from them (and I'm guessing that they won't mind my sharing this part of their email - if not, my apologies in advance):
In answer to your question about our pricing - a Victory rider cannot simply go to the hardware store and purchase all the parts to our Victory SaddlebagSecure - and it's not just a matter of them purchasing an inferior product. Each screw/bolt is not only a special order, but once we receive the bolts, we then have to machine each one so that it fits properly on the Victory Cross bike. You cannot just go out and purchase these bolts. So the product that you received is designed especially for your Victory bike. Our Harley SaddlebagSecure does not have to go through this process because a standard security bolt will fit it. But we also go through this process in 2 different ways for each of the hard or leather bags for Victory. So we produce 2 different kits because of the attaching design of the different bags.
Our Victory SaddlebagSecure is the only kit this is required for. If this were not the case, we would be selling it at the same price as the Harley SaddlebagSecure.
We price this product based on the time involved in producing it, material costs, overhead costs, insurance costs, packaging costs, etc. as any manufacturer does who wishes to remain in business. Every part that goes into this product went up in price January 1st of this year and our shipping costs just went up also.
But we also offer the [Victory Motorcycle Forum] members a discount. I hope you took advantage of this - and if not, I will be glad to apply that to your purchase.
I hope this answers your question and please know that you have a far superior product than anything purchased separately from a hardware store and it is cheap insurance compared to the cost of losing one or both bags.
So, bottom line is that I agree with the others here that this is the way to go (although I don't have experience with the leather bags).
2012 XCT (SOLD)
: HeliBars; Centramatics; PC-V; Lloydz air filter; 11" Madstad; Rivco LED mirrors; Doran TPMS; Stebel horn; Motolights; CustomLED trunk flasher; KewlHeel shifter; CycleOps trunk rack; BeadRider seat; Vibranator bar ends; Passenger grab handles; Powerlet outlets; Handlebar RAM mount; RicZ laydown plate; Brukus SaddlebagSecure; 14" flexible antenna; RAM cupholder on trunk; shock Schrader valve relocation.