The original Arundel shape with two wrapped arms works well in stainless steel because there is twice as much spring tension holding the bottle. More "springy" grip equals less difficulty getting a drink, yet less chance of the bottle flying out. They use 4.2mm stainless tubing which saves some weight and isn?t too stiff. So, you get a timeless look that works great for a bargain price. In the Arundel tradition, they strive to make cool bike parts that work.
I can certainly understand a $92 water bottle cage that is unbelievably light and made of some crazy new material. This water bottle cage is neither. It's kind of heavy and made of that not so ultra rare, stainless steel. Don't get me wrong, stainless steel has that bit of spring that can grip a bottle tight, but you are still able to get that thing out without a problem.
Maybe the high price is justified because it says Arundel on the little base plate. You know, the one covered by your water bottle. So if you are that worried about what your buddies are going to say about you, then a water bottle that costs just shy of a hundred dollars might be for you. Get a couple of them! Nothing says I have way too much money more than a couple of hundred dollars worth of twisted metal on your bike. The lack of money in your wallet will most likely offset the weight of the cages.