Im not disagreeing with the price, but I'm disagreeing with Apple's tactic. They 'cheapened' up the product to reduce to the price point to get more people to buy products. But at the same time, they are pushing people towards to Pro line to spend more money because the features are vastly improved for $170 more. It just feels shady and wrong to me.
By all means, if you don't need anything fancy, than its a great product for a great price, especially even compared to the Mini 4, but to call it an 'upgraded' model over the Air 2 is just wrong. Its a downgrade in every aspect except brightness and single-core speed.
I'm not saying cheap is bad, I'm saying that what Apple is 'playing' here is bad.