I have mixed feelings about this. As my home mountain, I really want Snowbasin to be profitable, and these reduced season pass prices should increase sales. On the other hand ... as my home mountain, I really want Snowbasin to remain "off the charts".
For those who live close to the mountain, we will continue to buy season passes (and a bit cheaper now). But I believe these new prices will attract some of the skiers/boarders who normally bought passes from the other resorts (LCC/BCC/PC/PM), thereby increasing traffic.
Ultimately, I think this is good for Snowbasin and Utah. But from a purely selfish perspective, I don't want to have to share with more people