I think this is a great example of how capitalism works. The prices for guns and ammo have been a little 'overheated' the last 8 years, can you say 'no .22 anywhere until last November'?
I think prices for both will come down considerably, maybe not down to pre 2008 levels, but down from the over-pricing we've seen in the past. I saw a beat up Ingram M10 that would have probably sold for north of $1K last year, go 'no sale' at $850 against a probably stupid reserve. By June or July, we will start to see more reasonable prices on our favorite toys.
Now if only the prices for our 4 wheel toys went down too......