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If the floor is flat then yes, probably. The main advantage of the balancing mechanism is in moving over bumps. The Anybot is so expensive because it's a first generation kind of device manufactured in low volumes, and probably uses high end cameras or PLCs. $500 is a more reasonable cost, and I expect that if a large company mass produced them then the manufacturing cost would be much lower (similar to Kinect Vs other laser/TOF sensors).

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