Should be / could be/ is all subjective to the market on these hard to find titles. I have seen loose Video life almost always hit the $2500-3000 range and most of the boxed ones sold so long ago that their price is only the baseline at this point. One of the "owners" had a factory sealed one on the market for the last year around $7000 and had lots of interest but sat on the market unsold.
Most of us know the History of the First Boxed Air raid and its buyer who wanted it very badly and has the money to make that happen and when the second one came to open market with manual the same buyer did 3 things, got a manual, I think upgrade box and more than anything Protected his original price. A few of us also know how much the extra manualless one sold for. So only in my opinion Boxed Air Raid is way over priced only because of lack of sales history and video life has sold very well considering most sales were 10+ years ago now. I also have overpaid for games i wanted and dont care cause i still have them and enjoy them in my collection. I love talking to you CpuWiz!
Sean had his VL sitting at 10K. Same new condition as mine.
Don't mention the one with the manual, it would make people even more crazy. LOL
BTW, they were never sealed. None of them were, I got all of mine from the "CommaVid garage", all brand new.