Why not sell the OSH "Teensy 3.2 DIY Reference Board" assembled in pjrc.com along with the other Teensy boards?
Here's a few realities of making any electronic product...
#1 - Modern manufacturing is designed for high volume production. At fewer than 1000 boards, per-board costs go up substantially, and they're extremely high at under 100-200 pieces. Generally products only make economic sense when you're going to manufacture a large quantity, or when the product is so special that a small number of customers will pay a high price.
#2 - Aside from manufacturing, every product has one-time startup costs. The usual PCB setup and stencil fees are the simple part. For every product PJRC makes, we build a bed-of-nails test fixture, which usually comes with a substantial cost in dev time on top of the materials. These costs further increase the need to either sell a large quantity, or charge a very high price (and still manage to sell a smaller number at that price).
#3 - Every product, no matter how simple or similar to others, demands some degree of our attention. I believe
Joel Glovier says it best: "Anything added dilutes everything else". While hiring more people and structuring company organization well (something that's much easier said than done) allows growth without too much loss of focus, my personal belief is we really need to focus on the long-planned K66-based Teensy. The key word here is "focus", which means avoid distraction from other much less important product ideas.
Perhaps this OSH board does not function properly?
That's definitely not the reason. I personally built and used the one you see in the photo. It works. Others have built it too and made it work. A clone with Eagle has even been made.