Does This Lamp's Flat-Folding Design Merit a Half-Grand Price Tag?

Made from lightweight aluminum alloy this sleek LED task lamp folds down to a compact package roughly the same size as Apple's keyboards. So when not in use it can easily disappear on your desk under papers and other crap.

But when the BE Light is unfolded its articulating arm can open up to 135 degrees to a height of almost 14 inches, casting a soft LED glow over your workspace. Good design rarely comes cheap, though, and the BE comes with a $500 price tag that's hard to justify. [QisDesign via gearHungry]