Panasonic G1 (black) with 14-45mm drops to $621

If you had been holding out for the black Panasonic G1, we have some great news for you! Amazon herself, not 3rd-party sellers, has dropped its price for the black G1 to $621. This is actually lower than the red and blue kits at Amazon. On top of that, you get a free 4gb Transcend SDHC card. The free card is only if both items are sold and shipped by Amazon. You can get this promotion at this Panasonic G1 promo page.

Not to turn this into a stock-market blog, but this price drop is also of note because the G1 had established a price-bottom of $640 at Amazon, J&R World, B&H, etc, which resisted any prices below that mark.

The above is for the camera sold and shipped by Amazon herself. If instead you prefer the absolute lowest price, third-party seller "6ave" is offering the black and red G1 kits for $576 and $586. No free memory card from the third-party sellers however.

As usual with third-party sellers at Amazon, or any retailer for that matter, be sure to do the appropriate research. We present the latest price drops to you, but we cannot make decisions for you. We are not the Apple app store :)

For more on the G1, be sure to check its list of reviews and unified G1/GH1 diary.