It seems like making "perfect" espresso simply involves shooting hot water over freshly-ground, freshly-roasted, high-quality beans. I imagine that water temperature and pressure need to be tightly controlled. So what makes a "fancy" espresso machine worth thousands of dollars? Isn't is just a water heater and small pump?
The engineer in me sees the problem of controlling temperature and pressure as a trivial industrial process control problem. The tinkerer in me wants to try building a fancy espresso machine (thinking lots of shiny copper, quint pressure gauges, etc).