For me, the thing is, there have to be Macdonlds photographers and there have to be Ruths Chris photographers. They both have burgers but the quality is better at one of them. Not everyone can go to Ruths Chris but they doesnt mean they shouldnt have a burger. Once Macdonlds burgers become better and more expensive, they move on to TGIFridays, Five Guys and then, finally, Ruths Chris. Meanwhile, there still needs to be a Macdonlds. You have to ask yourself, would you have shot that wedding for 300 dollars and handed over a CD of 600 images? No, probably not. But they couldnt afford Ruths Chris so they got what they could afford. Youd probably be equally as mad if someone with equal skill/equipment was underselling themselves so bad and stealing a lot of your business. Its a two edged sword really.
Bingo.
To add to that, as crazy as it may seem, there are some people who just don't even care for Ruth's Chris! All they see is the price tag and think "I can go to the Olive Garden like five times for that..."
Those people will NEVER be my clients. But I still think they deserve photography -- just like people who scoff at Lambo's still deserve to buy a Camry or people who scoff at Ruth's Chris deserve a cheap burger joint.
So it really isn't the photographer's fault. These clients exist. Therefore there will be someone to fill in the market for them -- that's the beauty of capitalism 

