That's the way I see it. Partially, I want to applaud these guys, because they segregate the market neatly. You end up with a category of bands looking for the lowest price, and another category of bands looking for the best service. I've come to really value anything that helps avoid wasting time when it comes to interactions with potential clients. After you start getting solid bookings, and a regular amount of work, the last thing you want to be dealing with is people somehow demanding that your schedule magically open up for them next week, and take 1/4th the pay to meet minimum wage. The amount of time-wasters in the industry is gargantuan. I've even had individuals ask me to mix a few-second snippet of their song for them, but only using plug-ins, so that they could replicate those settings on their end, and use it to finish the project. Seriously - I'm not joking. We've had this discussion before, where the undercutting guys eventually 'come of age', realize that to fund an actual studio needs a bit more than $40 per day. Unfortunately when they come to this realization the next generation of undercutters are already boring their way into the market, charging even less than the previous generation did. This has a way of really negatively impacting the entry-level end of the market, but for the most part the high-mid and high sectors will remain unaffected. If you hope to make engineering a full-time profession, then these are the sectors you need to aim for.