I shopped for created diamonds a year or two ago, and like others was disappointed with the cost savings. It seems awfully odd that on the spectrum from $0.01/caret to $1,000,000/caret, that created diamonds ended up costing exactly the same as a mined diamond, less maybe 30%. It's clear that there are only a couple players in the clear created diamonds market, and no one is too eager for a price war and to stop printing money. In which case it doesn't sound all that different from the mined diamond market
I have other comments in this thread about cost, but it basically comes down to "they cost a lot more to grow than people think", and the costs after the rough diamond is grown are basically the same as mined diamonds (cutting, grading, etc.). Diamond is the hardest substance on earth, and it costs far more to polish one of those, regardless of origin, than it does to polish an imitation or other gemstone.
In someway I like the fact that diamonds are only valuable to the women who it is bought for and just like a marriage you really can't get a refund. The resale value of diamonds is garbage.
