I'm rather confused. I have seen no OFFICIAL announcement from RIM or AT&T about a price cut. Gizmodo and some other places are creating news about the fact that amazon, etc are selling the Torch at $99. Which a lot of people knew about from launch day. With certain restrictions you can get it for $99, and this is not news to a lot of people.
How is this a price cut if it was the launch price at specialized retailers ? RIM is just getting a crap load of bad press and I feel bad for them. Quite undeserved.