I see prices falling for live-aboards and diving in general and worry about the long term implications...
Before you know it cheap and nasty becomes the undeserved reputation for us all here in Thailand as a few are desperate to fill their boats.
Exactly.
Another thing that adds to the problems here in Phuket is that we have just way-way too many dive operators. Imo is the scuba market here "super-saturated". With way too many shops and boats and fewer than ever customers everybody will lose in the end.