I believe in Goldmund's case they were up front about it, telling clients they were using the Pioneer innards in order to create a dvd-player - and their clients didn't want the player to be cheap (an Eidos player, if I remember correctly). Lexicon did the same thing when they declared they would be wrapping an Oppo BD83 with a Lexicon skin, at a substantial mark-up. They didn't make a secret of it.
In the Red Rose logo on a Dussun integrated amp case, it was different, and indistinguishable from fraud, when one considers how the product was described.
But that's not the point. You can get exactly the level of finish and quality you want from the OEM-companies that operate in the Far-East. For a company such as B&O, which wants to establish long-term customer relationships, it makes no sense to produce low-spec'd units. For instance, B&O have remained customers of the highest-spec'd Pioneer cd-player, where the mechanism is made with metal parts, because they wanted that quality inside their units. Very few brands in A/V have gone that path, and have preferred to use the cheaper plastic mechanisms, to make more money, making B&O a lone hold-out in that respect.
BeoSound 8 is an entry-level portable music capable unit that places itself in the upper echelon of such products - it carries the B&O logo and is made to B&O design spec's for form and function through a manufacturer which can deliver more inside an acceptable price-point. I really don't see a problem - earlier I mentioned BeoVision 8, of which I'm one very happy owner of one of the first generation sets. I knew it was made in the Far East as I bought it, and it didn't bother me one bit. It integrates perfectly with other B&O components and is designed like no other television on the market.
From direct experience, I know you can spec a product manufactured in China to absolutely outperform anything made anywhere else. Of course, I also know that certain brands exploit the ability to get away with outrageous spec'ing, in order to move more to their bottom line. Today, customers find out about such maneuvers in short order, the internet makes us aware of it, and we learn to choose wisely among the offerings on hand.