Pentax price drop and rebate

Pentax made this announcement today:

PENTAX Imaging Company has announced a price reduction on the PENTAX K-5 Digital SLR.  Effective today, the price of the K-5 has dropped $100.00 USD to $1499.95 USD (body only) and to $1,649.95 USD (for the K-5 lens kit w DA 18-55 WR lens).  In addition, from now until November 30, 2011, a $300.00 instant rebate is in effect on any qualifying purchase of either kit configuration.  The combined savings brings the K-5 to $1199.95* (body only) and $1,349.95* (for K-5 lens kit w DA 18-55 WR lens). 
* While the price reduction is permanent, the instant rebate is valid only for a limited time for purchases made on either K-5  camera configuration from now until November 30, 2011.

PENTAX INSTANT REBATE PROGRAMS offer several consumer advantages, including no need to submit or track claims or wait several weeks for a rebate check.  More information about the program, the products and where to buy is available at: http://www.pentaximaging.com/slr/K-5/