Im certain both of you are great guys and i know you have been around longer and I have never heard anything bad about you. The thing is though rainbow at this time is pretty exclusive and only available to a hand full of dealers. Pricing can be kept high since not many offer them so sticking to the SRP would be very wise for both of you since there really isnt much competition, but once a few guys get there hands on it with deep pockets trust me it will come to an end. You will then have no choice but to be flexible and believe me it will happen. There is a demand for that line and guys in the business will take notice. Now for him selling lower in private where no one sees it i dont see anything wrong with it. SRP really is the suggested retail price and then there is the lowest price you can advertise at which is MAP (which im totally sure you know this hehehe ). If he wants to sell for less and doesnt advertise it, really he technically isnt doing anything wrong. I say do the same thing, No reason why not to if you wanna stay competitive. my .02