gavinlg
Veteran
I just look at the Fuji products and see them using unexploited market niches to get unusually high prices for their cameras. They sell the X-Pro for $200 more than the 7D, though if you *just* look at the spec sheets, it's hard to say why that's successful (I own both). The 7D almost certainly has a higher BOM (though the sensor is probably quite cheap now). If Fuji had launched the X-Pro sensor in a DSLR body, it would be a much harder sell than the unique form factor they currently use.
I don't think Fuji is looking to compete "directly" with any of the other camera makers. They want to be the Leica of prosumer cameras - purchased for their unique offerings rather than raw technical and value.
Back when they were leading up to the X-Pro release, Fuji was comparing it to the 5D2 directly. The 5D2, of course, has a full-frame sensor. They could have compared against a crop sensor, but they didn't, which says to me that they invite the comparison to FF sensors.
For a lot of people, form factor is EVERYTHING. It's not what a camera does, it's HOW it does it for me. Doesn't matter if the 7d is cheaper and has more features, it doesn't change that there aren't any prime lenses made for it's sensor (so in turn you have to resort to using the 35L for a 50mm lens, and 24L for a 35mm lens, which makes the camera HUGE and pushes the price WAY above the x-pro1 + lens prices.)