Anyway, enough of beating around that dead horse.
hoosier:
I think it is a definately cost matter. Don't you want to get out of a sick and tired of LDS threats, such as regulator service, air threats, and any warranty issues?
Well, with rebreathers you still have LDS threads, though usually manufacturer threads.
First and second stages still need servicing, tanks still need their inspections and testing.
And warranty issues do arise from time to time.
But a few thoughts on 'recreational rebreathers'.
All currently available cmf-SCRs are marketed as recreational rebreathers.
Those are the Dräger Dolphin, OMG Azimuth and Submatix ST100. All three of them have CE certification to 40 msw and are designed for single mix nitrox use. The Dolphin, and it's predecessor, the Atlantis, have been around the longest, and with quite some success. The Submatx is about to be introduced at DEMA to the US market, so that unit is pretty late ... probably too late. The Azi, while a step up from the Dolphin, is rather large and heavy (about as much as the average CCR) and at $4500 also fairly expensive for what it does.
CCRs are considerably more capable machines and were originally marketed for commercial diving and military diving. Scientists, explorers and filmmakers were among the first 'civilians' to use them. Technical divers in general turned to them ever since the more affordable Inspiration was introduced in '97.
Today, several CCRs are available and marketed for recreational use.
The Sport Kiss, the APD Evolution, the ISC Megalodon. All have small scrubbers with limited ratings that make them best suited for recreational depths. And by all means the are successful rebreathers. The Sport Kiss was introduced less than a year ago and sold over 80 units and for the Evolution there is a months long waiting list.
Which, by the way, is probably another reason they are not more successful. Availability.
Both in general as well as in your LDS. Unless you're lucky to live in one of the handfull locations where you can actually go see and try one it's a much tougher sale.
And still most all units have waiting periods, frequently several months, as most manufacturers can sell every unit they can build ... before they ever do.