For the record in the US at least prices for the XW-P1 never really dropped (except a few odd times here and there early in the product cycle - those are called "sales"). It's true that prices likely did drop in the UK (and presumably some other countries in the EU like Germany) just before the XW models became almost completely unavailable there. That's a more telling point than price drops and one I've never heard an adequate explanation for. But I would not be quick to assume the reason is because the product is not considered competitive. Reviews in the US have been generally positive when the price is taken into account (as it should be).