Profit for the maker? That sounds like the old leftwing BS about how we need to tax companies rather than "the people", hoping the suckers don't know that companies pass their costs (including taxes) on to "the people".
I have talked to some pretty savvy folks about making guns "the old fashioned way" with all forged and milled parts and hand fitting. The answer is that a gun (or anything else) made that way would cost from 7 to 20 times what it does now. There are applications not suitable for MIM parts, the same as there are applications not suitable for parts made other ways, but MIM produces "drop in" parts that can be top quality.
Anyone who knows S&W revolvers can easily examine the lockwork of a new revolver and compare it to one made in, say, 1920. The savings in machine time, hand assembly, and complexity is tremendous.
Take one part, the trigger.
In a 1920 S&W, the trigger had a hand lever, a tiny pivot pin for the hand lever, a hand lever spring, a trigger lever and another tiny pin for the trigger lever. The holes for the pins had to be drilled, and the hole for the hand lever spring had to be drilled, and the small parts had to be made. This is all in addition to the holes for the hand and the hand itself.
The MIM trigger still has holes for the hand, but two small holes and five small and hard to make parts have been eliminated, replaced by one wire spring. Assembly, which required hand fitting of all those parts now involves placing that one spring in a hole that is not drilled, but made into the MIM part. The trigger lever is still needed but has no pin and is a much simpler part. Still want stuff made the old way? Willing to pay $2500 for that Model 642?
Oh, and want to trade your 2009 car for a Model T? Anyone remember the three pedals and the throttle on the steering wheel? And having to back up hill?
Jim