“There are a handful of reasons as to why the G1 is going for this price, all of which are unconfirmed. Let’s take a look at the three most obvious reasons…
The G2 is right around the corner.
The black model is not selling as well compared to the others
These vendors are clearing out their own stock and this has nothing to do with the G1 as a whole
The G2 is right around the corner
CTIA is coming up and the rumor mill is starting again. Folks are starting to expect T-Mobile to announce the G2, or US version of the HTC Magic. Although it would make sense to see a new Android handset from T-Mobile, it’s not guaranteed. One could hope that after 6 months that we’re ready to get our second device from the carrier.”
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