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Here's a question for people more familiar with expansys: Are they going to have more stock and is this a permanent sale? For this price? .. I'll get money next month and I think I know where to spend it now.
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The Expansys website says :
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Availability: Normally less than 5 days
We have no confirmed lead time for this item - call for more details.
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No confirmed lead means that right now they have nowhere to buy more refurbished PRS-505.
I guess the seller was Sony who refurbished a limited stock coming from returns and handed it to Expansys.
It's possible that the offer come back in a few weeks/months, although given the speed at which this batch of PRS-505 was sold it's possible they increase the price.