I don't disagree with you. Over the past year or two especially, the steelbook hobby has become too expensive and too exclusive (for my preferences, at least). It used to be that as long as you knew the right time and place, you would have a good chance of picking up an item you wanted at the release price (which was never $100+). But lately there are more releases that are either 1) prohibitively expensive right from the start, or 2) only available to people who know the right time and place
and have paid extra to be elite members of a site or a retailer. That kind of exclusiveness kind of takes the fun out of collecting for me. I don't mind occasionally missing out on something when it's an even free-for-all and I happened to be too late. But when it depends on levels of membership or numbers of editions I've bought from a particular retailer...that feels artificially "elite."
It's not a big problem of the world that keeps me up at night.
I still have fun in the hobby as I'm able to, and
I assume that the future of physical media releases and premium editions is probably fading fast.