I am new to the hobby, I was attracted by the TT:120 range as I only have a small abode. I have purchased 2 loco's so far, nothing else, as I am on a budget and intend to build up items slowly. And that is the rub of it, I really need to Hornby to exist long enough for me to accomplish my mission! With their share price languishing at 15-16p, I am concerned that making pre-orders could, potentially, not be fulfilled if Hornby cannot survive financially. However, companies that struggle can simply issue new shares (dilution) to raise capital. Result is that share price can simply halve though. Talking of hobbies 'dying' yes, I have experienced this with my stamp collecting. I stopped collecting ages ago, tried to sell my KGVI collection and the market has bombed. Nobody is taking up the hobby anymore and the dealers have more stock than they know what to do with. Managed to finally sell to a private collector for a quarter of cat value. C'est la vie. Good luck to everyone and have a wonderful Festive Season.