Love the logic on this forum.
When Canon raises the price of the 5D to $3,500 they are screwing consumers.
When Adobe lowers the price of Lightroom to $149 they are screwing consumers.
Sounds to me that it is the companies that are screwed no matter what they do.
It's the same reason why we wouldn't see a significant (>10%) drop in the price of the 5D3 for a while. If Canon were to drop the price suddenly, the earliest adopters would scream about how they got 'screwed' (the exact thing happened with the iPhone -- the folks who bought in the first couple of months were given $ credits by Apple, if I recall correctly).
Now, it would be suboptimal had you purchased LR3 during Christmas shopping season when the best sales were down near $99, but that's still better than paying full price in October or November. The fact of the matter is that there will ALWAYS be that "last person who paid full price" whenever there's a price reduction. I wouldn't complain about it -- it's just bad luck or bad planning. We knew LR4 was coming this year, and it was suspected that the beta was going to be free to try, which is why I held off purchase LR3 last fall. I don't really do any commercial photography now, so I get the added benefit of the academic/student license pricing as well ($79). Add this with the ridiculous CS5.5 deals Adobe was (maybe still is) running -- I picked up CS5.5 Production Premium on the Adobe website for $89! -- and I can only say "Woot!".
[I know CS6 is going to be out soon. But $89 for CS5.5 Production Premium is too good to pass up. If I need, I can purchase Photoshop CS6 separately at a later time since I can't imagine I'll need/want to upgrade the other components to CS6]