Nope, most blends that have gone out, didn't do so because they were limiting their production, but because of lack of enthusiasm by the market. Bengal Slices, the original, Skip told us he never sold a single flake of it for years. Then SToP announced they were bringing it back, then Skip finally managed to sell of his huge stockpile of the crap. He said that people just never like Three Nuns the original. Maybe people in other places did, but here, they didn't, so they went under. They brought it back, and his entire stock of the original that never sold, sold.
There are thousands of blends, and only a small portion of pipe smokers. Some blends are just not going to make it. Having been to the perique factory, I could fit the entire world's supply of perique for one year in my garage. You could maybe fit an entire run of Escudo in an 18 wheeler, but it is sent out in much smaller boxes. It's just not a get rich market. More money is made by just the OTC cigars than the entire pipe industry.
I don't think intentionally limiting production has anything to do with it.