First deal post and I did search so if I missed it; sorry.
"Intel recently dropped the price of its quad-core Core i7-950 processors to US$294 from US$562 to defend from AMD's recent price cuts for its quad-core Athlon II X4 640 CPU from US$122 to US$99, according to sources from motherboard makers." -Digitimes 8/31/10
Link
It may be even cheaper out there. I'm going to look around some more.