$60 price drop. Newegg has the Pentax Q 12MP Interchangeable Lens Digital Camera for $190 with free shipping. Includes a Pentax 02 5mm - 15mm F/2.8-4.5 Zoom lens.
12.4 1/2.3" backlit CMOS, bokeh control filter, 47mm lens
3" LCD display, 1080p video, shake reduction, SD/SDHC/SDXC
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Damn, I bought mine with the groupon special. Could have got it for $10 less plus no tax.
That all being said, this camera is fun! Also, to my suprise takes great photos. It controls noise very well. Noise in low light was my big concern due to the size of the sensor.
Also, the adapters for the Q mount are cheap. You can get M4/3, M42, Pentax 110, K mount and others for under $30 and some are even less than $15.