[userbinator]

No doubt the result of adding another layer of complexity: "type" in cmd is basically Unix cat, it just reads the file and writes it to standard output byte-for-byte. PS probably does some hidden encoding-autodetection and attempts to perform translation, but doesn't always get it right.

You can see the difference in philosophy here, cmd (and bash, to a certain extent) are simple and don't try to do sneaky things silently, even if it means you might have to do a little more yourself e.g. performing character set translations explicitly. The behaviour is straightforward and predictable. PS attempts to be more "user-friendly" by doing some hidden conversions presumably so the user doesn't have to explicitly do character set translations, and when it works it works well; but when it fails, it fails spectacularly.