I've bought one Mafex, and two CT figures. Mafex Gambit, and both Ben Reilly designs that CT toys has done. The way I purchased them just doesn't compare. "Every Legends Gambit is terrible, I'll save up for a while and the Mafex one when I can." vs "Ohhhhh shit, a figure better than Legends for cheaper than Mafex OR Legends? I'm buying two the moment my paycheck hits!"
If Mafex were $60, I'd buy a few. If they made a subline that's similar in cost to Storm Arena, I'd buy plenty. At $90 or more, you better be a character (or design) I would sell a kidney for. There's a much larger amount of people willing to buy $20 figures than there are for $100 figures.
If anyone should keep CT in mind, it's the Legends team-- not in a "Fuck, let's scramble to do damage control and get the characters they're doing back out there!" way, but in a way where they should start trying to bring some of the most appealing elements of import releases into their releases in some manner to bridge the gap and reduce the desire for something like CT toys. The accessory spread of Jada figures and import style articulation of the upcoming MOTU movie and Jada figures come to mind.