Price reduction...

I know WHY agents do this, but I've always thought...why bother?

An Antigua that was previously priced at $344,900 just reduced their price to $343,779.

I would like email or comments from buyers out there...would this type of a price reduction on a home compel you to:
1) Go to see the home now if you didn't go when it was priced at $344,900?
2) If you had already seen the home but did not make an offer, would this price reduction motivate you to place an offer?

Thanks everybody,