Rexlace bracelet dilemmas: time vs price

[MinnieMay9]

Hello all!
I have been making bracelets like these, on my breaks at my day-job, or when on the bus:

• http://www.etsy.com/listing/103965286/green-static-gimp-bracelet?ref=sr_gallery_9&ga_search_query=rexlace+bracelet&ga_view_type=gallery&ga_ship_to=ZZ&ga_min=0&ga_max=0&ga_search_type=all
• http://www.etsy.com/listing/103932748/sunburst-gimp-bracelet?ref=sr_gallery_8&ga_search_query=rexlace+bracelet&ga_view_type=gallery&ga_ship_to=ZZ&ga_min=0&ga_max=0&ga_page=3&ga_search_type=all

I would love to be able to sell them in my Etsy shop as well, but I have a few worries.  My normal rate for the things I make is $20 per hour.  These take a bit of time to make.
I'm worried that the second someone sees that it is made with Rexlace that they will be looking to spend less than I would charge.
I know my time is worth something, but I don't want to be that person hoping someone will pay over $20 for one plastic bracelet.  I'm wondering if I should charge less for them than I normally would since they are more of a time-filler than anything else.

[CraftyChef]

You have to increase the quality of materials, or lower the price. If you switched to leather, you could charge your $20 (or more).

[MinnieMay9]

I do have some bracelets that are pretty much the same (different threads/lacing and beads) which I am using my regular rate of ((supplies x 1.5) + time).  I'm just wondering if these are worth my time to make in the sense of selling, or should I just forget about them? (or just make them for friends)

[CraftyChef]

If you're not satisfied with the marketable price for the time, then yes, it's a "dump" candidate, but only you can answer if it has other worth.