Rumor: Palm Pre Going On Sale for $149
"From September 8 to October 31, 2009, "indirect partners" will be able to sell the Pre for $149.99 after mail-in rebate. This information applies only to these indirect Sprint retail channels, though it seems reasonable that identical price cuts will take place via Sprint’s own channels (retail stores, telesales, and Sprint.com). And as usual, the price of admission comes with an Everything Data or Simply Everything plan attached."
At this point in time we can only speculate that this price cut is partly in response to the Android-powered HTC Hero coming to Sprint on October 11, 2009.