I can swallow the price (I think), but it looks like I'll get killed in bits. For example, the hex bit extension is $26.50? I think the last one I bought from McFeelies was $3.99. Insane? yes but the drill comes with one and if you need a longer one just switch to the standard chuck.
Is it true that one really needs an all festool bit kit to take full advantage of the centrotec and other features? Yes, but it doesnt necessarily have to be all that large of a collection. The drill comes with a bit holder. Get a set of centrotec drill/bradpoints, and the countersinks and you should be good to go.
I currently have the following;
Panasonic 15.6V NiMH drill/driver
Panasonic 12V NiMH impact driver with electronic clutch
All the Bosch 12V small NiMH drills and drivers.
The Panasonics are hard to beat and the bosch are OK, but the really great thing about the Festool is the accessory chucks. You just dont know until you use them. Flippin amazing!