Behold, the latest J.Crew Flats. At the end of last year the CEO of J.Crew. announced that they would be lowering the price point of their Ballet Flats, in response to the recession. The flats used to start at $128 and will now start at $98. My mother's response:"Oh great, so that means that they'll make them with cheaper materials." I've not seen them in person so I cannot speak to the quality of the workmanship, but judging by the current examples the design of the new cheaper flats will be DULLSVILLE. Above, the latest ballet flats. Below, a selection of former designs.