I don't think the real story is quite as surprising or confusing as Picker makes it out to be -- other than the surprising fact that the common "story" we've all heard turns out to be wrong.
What Picker found, first of all, is that Gillette really didn't use the cheap razors and expensive blades strategy at all in the early years.
This razor has been plated to a thickness twice of that used when rhodium or gold plating jewelry and has a brilliant shine.
Both doors open and close perfectly in unison and the bottom twists smooth as pie.
The first attested use of the term "safety razor" is in a patent application for "new and useful improvements in Safety-Razors", filed in May 1880 by Fredrik and Otto Kampfe of Brooklyn, New York, and issued the following month.
This differed from the Henson design in distancing the blade from the handle by interposing, "a hollow metallic blade-holder having a preferably removable handle and a flat plate in front, to which the blade is attached by clips and a pivoted catch, said plate having bars or teeth at its lower edge, and the lower plate having an opening, for the purpose set forth", which is, to "insure a smooth bearing for the plate upon the skin, while the teeth or bars will yield sufficiently to allow the razor to sever the hair without danger of cutting the skin." The Kampfe Brothers produced razors under their own name following the 1880 patent and improved the design in a series of subsequent patents.
The basic form of a razor, "the cutting blade of which is at right angles with the handle, and resembles somewhat the form of a common hoe", was first described in a patent application in 1847 by William S. This also covered a "comb tooth guard or protector" which could be attached both to the hoe form and to a conventional straight razor.
This strategy has become so well-known that it's mentioned all the time and seen in lots of other industries as well, especially the technology industry.
It's seen as the basis for console video games (consoles cheap, games expensive), printers (printers cheap, ink expensive), mobile phone service (phones cheap, service expensive), etc.
In the handle of the razor he has hidden the tracking device.
After unscrewing the bottom part of the handle, he takes out the device, activates it and puts it in the hidden part of the heel of his shoe.