Dang, flurry of bids in the last 90 seconds drove the Kindle 1 was looking at up to $230 (with $10 shipping) which was too much.
Watching a few other auctions on eBay and e-mailed 3 people in my area that have Kindle 1s listed for $200 on Craigslist. Would do that if it has 6 months or more warranty left, older than that $175 is tops I'll pay. So I may still be waiting a while!
Edit: May have some look with Craigslist, got a response on one that's less than 6 months old for $200. Going to check it out around 3pm.