Thoughts from the corn field -
Price: $45 does seem kinda high for a boot, but only an idiot (or a frenchman) would say it's analogous to Tobias's situation. Turbokon isn't acting like they're legitimate releases, he's not selling translations without permission, and his markup is much less even though he has actual work going into each unit. What're the raw material costs? Selling ~$10 in parts (plus labor) for $45 is nowhere near as bad as buying a $2 disc and selling it for $30-40. If you don't like the price, don't buy; it's not going to drive away homebrewers or translators or otherwise effect you in any way.
Cart Design: Unless turbokon's cards are using the exact same layout as ichigobankai's, I don't see how it's theft. Neither is entirely original, using the same basic premise as original games, Chinese boots from back in the day, etc.
Packaging: I don't particularly care for the cases, as I'd much rather have an original style case, but I'd hardly say they look like crap.... and I sure as shit ain't going to bitch about price while advocating for a pricey and less durable cardboard box.
Repros vs. Homebrew Only: Only naive, foolish, and/or mildly retarded people would confuse these for originals, so who cares? Except for Tom's MegaMan, every single pic I've seen of ichigobankai's hueys (any version) has been repros of commercial games as well, but that must be okay because he's french or something.