Are you undercutting out of spite of “elitist” crafters....or do you do it to genuinely bring the price down so everyone can afford it?
How did you came up with a conclusion like that ?!? Buyers always by the cheapest item, so by undercutting even by a few hundreds gil you make sure your item will sell first. Most players just want to trade their useless item for money asap, they aren't trying to help the poors or spite elitist (lol), for them the economy aspect of mmo is secondary. I mean it's obvious, I was doing undercutting on wow when I was 12, for an elitist you have little understanding of very basic economy.