The 5c looks to be a fairly competent performer. If they gimped the phone in order to not make it compete with the 5s (ie no Siri) it would have been a little lame. If they released it at its current performance, but at a much lower price- it would cannibalize the 5s. My guess is Apple leaves things as is so they sell a lot of 5s's because its only $100 more. After a quarter or two when the surge is over they will drop the price of the 5c substantially.
And please.... I know it is *Apple*.... but stop trying to make 'Apple plastic' amazing. It is plastic. It is 'cheap'
The 5c is a bit on the cheap side, it just isn't priced inexpensively.
Please stop with the inane "plastic is always cheap" nonsense. Not all plastic is cheap. There are plastics that cost a fortune - and plastics that don't feel the least bit cheap. My Lexus has plastic in it. In fact, every Lexus I've owned had plastic in it. And, no, they didn't look or feel cheap.
It's really amazing how no-nothings who have never actually even seen the product (much less held it) think they know more than Apple about producing a product.