DO and Linode are very expensive compared to OVH, Scaleway or Hetzner. So this reads as "Lightsail announces 50% price drop, will still be very expensive"
(From another comment: https://snag.gy/3Q1fL0.jpg) -> $3.50 for 512 MB of RAM is a fucking rip-off compared to this: https://www.scaleway.com/
If all you're interested in comparing is price, then yes it is still expensive, but there are other considerations such as network quality, support responsiveness, the actual performance of the VPS.
Maybe OVH, Scaleway and Hetzner are better than DO and Linode in that regard.
In my experience OVH support is completely useless.. you have to wait for ages before having a response, and when you get it, it's useless...
Sadly I second that. Also I had problem with their "DDoS protection" which detected false-positive DDoS attack. I got instance suspended after 6 days after payment for next month without any refund. They noticed "weird" traffic to my instance where I had installed Cloud9 [0][1] and I assume built-in terminal was flooding instance with TCP-SYN packets when I was using it. I am glad that I haven't left anything inside, because I lost access to this instance and storage. Before that, I thought such protection rather stops instances not drops them with mounted SSD disks to do not impose an impact on other instances.