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Missing from this imo is how drastically it all changes with the scale of the numbers involved. If you aren't likely to sell big numbers in the first place you're better off pricing out the people who only buy at low prices since they're also the ones who aggressively refund and write shit reviews

If you have a ton of avenues to press and a large following and so on I'm sure a lot of things are true that aren't true for the majority of devs, the same as Valve at one point were advising "actually the less you charge the more you make!" from their unexamined position as owners of the storefront

At some scale there's a flip: for ME, if I sell 1000 copies at 10 bucks each, that's worse than if I sell 500 at 20 bucks each. Neither number is enough to cascade into big bucks, but the 20 buck people are better customers. The worst reviews you ever get are the day you do your deepest discount

I think there are a lot of really successful indie devs who still think of themselves as small enough businesses for their advice to be super relevant because they genuinely aren't huge and don't realise they are in fact still operating in a completely different space to the folks they're advising

I'm not sure about lowering the price resulting in lower Steam scores. While it's true that people buying your game who aren't part of your niche are more likely to negatively review your game, on the other hand, people tend to be more forgiving of cheaper games.