Ditto on the 1200 being overpriced as a computer here in Aus.
Moreso, it was just way too late and way too little. Even when the 1200 was new, I remember thinking it would have been good for a nostalgia trip with a little more power, but one would have to be a bit silly to consider it as a serious computing contender.
I think there were good reasons why organisations needing business and scientific computing passed over the Amiga at that stage. Amiga already had a rep amongst my peers as being unreliable delivering hardware expansions in Aus. Some customers, including businesses were waiting well over a year to recieve hardware from overseas. There were also some compatibility issues. I was mostly using other people's Macs and some Unix machines at that time, so I'm not sure how bad the Amiga's probnlems were in comparison to the alternatives, but the image had been sullied. The price for an accellerated Amiga, with graphics upgrade, really was pretty high too, specially for a company known to be on very shaky ground (didn't exactly seem future proof for a business planning it's IT expenditure for the next 5 years).
For home users (mostly kids who wanted the machine), again the price, and the limit of AGA games was a real barrier for the 1200. There were other games machines looming on the horizon which looked much more tempting, and were actually marketed by companies which knew how to make money.