Steinberg has announced price drops for Cubase & Wavelab:

We would like to inform you about an adjustment in the pricing structure for Cubase 4 and WaveLab 6. We have decided to lower the prices of both products* as of July 1st, 2008 to €599.00**. The pricing for several upgrades to Cubase 4 has also been reduced, so that the upgrade path from Cubase Studio 4 and Cubase SL versions to Cubase 4 is now only €199.00**. Upgrades to WaveLab 6 from WaveLab Studio 6 have also been lowered in price. Please visit the Steinberg Online-Shop for more information. We know that this comes unexpectedly for customers who have recently purchased Cubase 4 at the old recommended retail price. This is why we will be offering these customers a special rebate on a future purchase.

Is this the Logic Pro effect?

Details on the new pricing are available at the Steinberg site.