The problem isn't the availability of lower quality versions of a high-quality product, it's the transformation of a formerly high-quality product into a shitty-quality version, meanwhile, maintaining the same price, or worse, a higher price, than the former high-quality version of itself.

The price tags on tools don't go down with time, but the quality of the tools certainly does.

I'm all for tiering product lines, harbor freight is doing it right by offering their top-of-the-line in the Hercules brand, a "pretty good for non contractor" line with Bauer, and then there's lower tiers for one-offs. But if I look for, and buy, a Porter Cable tool, I'm buying it because I expect a certain performance and quality, but it's in fact a rug pull right now. That should be fraud.