That's fine. Lets just stop pretending that Canon doesn't intentionally reduce the functionality of it's lower cost products. That's their choice and hopefully the market will respond accordingly.
Or is it that Canon doesn't add a bunch of extra features to their low cost cameras?
Your argument might have a leg to stand on if all they did was reduce the functionality of a product. I did product development in hi tech for 40 years. Products aren't typically built by taking your highest end product and reducing the feature set to get under some cost. They are built by starting with a baseline and building up till you reach a shippable product within a particular budget. Often the budget doesn't change from release to release, but the priority of the things you add to the baseline does change. Maybe they decided some of the newer features merited inclusion versus those no longer present. There are typically power, memory, and testing constraints which prevent you from keeping everything that was ever in a prior product.