Yes and no, from a personal standpoint I would have loved a 32 gb as a base model with the cheaper price (in turn making the 6+ I'm buying the same price point as the current 32gb model). With that being said from a business standpoint it makes 100% sense, I'd say 35-40% of users would say 32gb is plenty of storage for them (myself included) so they would have been losing millions of dollars of profits yet they were super smart in offering a larger storage (which probably costs them $2) for the same price so people that were planning on spending the $299 are getting more bang for their buck and there won't be as many complaints. I wouldn't expect the 16gb model to go anywhere anytime soon, even though it's too small for most users it drives up sales of larger models and for those that just don't have that extra $100 to spend it still gets them a product in hopes they will become hooked and in the future they will buy more products with larger capacities for more $$$$$