Previous posters answered from the Princess Employee perspective....

I also found reference to a program when I googled the topic...offered by an on-line cruise TA (not one that is listed on cruise critic).

Some sort of loyalty program with many rules/regs/fine print/limited time offer


14 Nights or More Cruise
Book an inside stateroom and receive $100.
Book an ocean view ( outside ) stateroom and receive $300.
Book a balcony or suite receive $400-500.

Minimum stateroom cost $1599.*per person.

Made my head may be legit, but too many caveats for my liking.

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Past Princess Cruises:
Ocean Princess-French Polynesia 2012, Crown Princess & Ruby Princess 2011, Ruby Princess 2010, Grand Princess 2009, Emerald Princess 2008, Coral Princess 2007, Sun Princess 1998, Crown Princess 1996
Past Cruises on Other Ships:
1983 Bermuda, 1987 Hawaiian Islands, 2006 Western Caribbean-Carnival