Not really, it remains true even when you take competition into account. Also, the rest of the industry isn't really playing the same game: all other companies producing moka pots are vastly more diversified. You have e.g. Alessi which fills the design-oriented niche (and has tons of other products), or the countless crummy knock-off factories which churn out all sorts of trash and just happen to machine moka pots once in a while. But only Bialetti kept all its eggs in one basket (at least until it was too late).

their quality went way downhill and they shipped production overseas. I would love to have a nice bialetti moka express or a stainless version. i bought one probs 8 or 9 yrs ago, and it wasn't long before the tin lining separated, and the overall quality was crap. nothing like my mothers or any others I had used when i was introduced to them in italy. so i bought an alessi stainless steel made in italy pot at like 5x the price, and never looked back. but do i think a well built bialetti would be as good or better, they just dont make them well anymore…

I see a lot of Bialetti-branded cookware at local supermarkets. Things like nonstick frying pans. I actually bought one on a trip once when I needed a pan, and it's pretty good.