Come on, benc. Business is business. When has it ever been fair? They priced their product to be competitive, and it's a decision any business owner would make. The cost of sitting around complaining is more customers lost to the competition.
If you believe your products to be superior, it's your job to market them that way. If you want to acquire your ideal customer, the guy that pays more attention to the fine details like the quality of steel, than its your job to make sure that potential customer sees the value in paying a higher price. It's why people buy a Toyota over a Kia.
The 100 series community will not suffer. I mean, come on. I'm a business owner in a different market (commercial video production) and there is always someone with a camera who can do it cheaper. If I were to sit back and complain about how my competition's pricing is hurting mine and other businesses, I'd be OUT of business. What I decided to do is make sure I position my company so that my ideal customer sees an immense amount of differentiation between me and my competition. When they see my business, they're not even thinking twice. If you're truly building something better, you can absolutely win over the market, and you should.
This is off of the top of my head, but for someone like you this would mean a few extra features that no one else offers. It could mean your turn around time gets better. It could mean you revamp your website and launch a campaign on your story or how you use superior steel. One thing you can't do is nothing.
TJM is making some buzz with this price point, so now it's the competitions time to step up.