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I thought the reason the Irex devices were so expensive was because of the WACOM technology in it. There may be a chance that they are finally swapping WACOM for something else, either some new stylus tech or going with a finger touch screen which would allow them to drop the price.
One issue is that Plastic Logic is slated for Q1'2010 if I'm not mistaken. They should hold off until then and see what Plastic Logic's pricing is like as even $400 for a 8.1 inch device may be too much if Plastic Logic is priced in the same area. I'd personally like a Plastic Logic finger friendly device over the stylus. Sure you can write more clearly with a stylus but I think being able to just touch the screen has more appeal to me since I don't do much extended note taking on electronic devices
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