Lol, yeah. On my last run through of New Vegas, I was playing more of a mercenary-type character - a person who will do whatever for money. I probably would have sided with House for sure if he was willing to pay more for the chip.
Before you even deliver the chip, there's all this talk about the chip's power - what it can do, what it has the ability to control, how essential it is to Mr House's success - only for you to finally deliver the thing that can make Mr House have supreme control over the Strip and be offered 500 caps for it (IIRC), or 1,000 caps if you pass the Barter check.
(might be wrong on the caps, it could be a base of 1,000 caps and 2,000 after the check, forgive me if I'm wrong! But yeah, my point still stands)