Verizon has cut the price of both Microsoft Kin models. The Kin Two, seen here, drops from $99 to $49.  Over the weekend, Verizon quietly cut the price of both Kins. The lower-end Kin One dropped from $49 to $29, while the Kin Two went from $99 to $49. Those prices require users to sign a new two-year contract and agree to a $29 or higher monthly data plan, in addition to voice service.

Despite a significant TV ad campaign, the phones have gotten comparatively scant attention since their launch. The Kin, designed to target a similar demographic as the Sidekick, has faced steep competition from the iPhone and other smartphones, which don't cost any more per month and offer the ability to run thousands of applications.

I think Microsoft needs to get its act together and produce better phones in order to have a chance in this super competive mobile world, otherwise I think they will be disappearing from the Smartphone chart by this time next year.

source: cnet