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I won't buy them at that price at all. I would consider it when the price drops but the odds are also good that I will have lost interest/forgot about/moved on by the time the book does drop...I am not going to keep checking back prices. So unless they make a big promotion when an individual book's price drops, I'll probably not know, and therefore not see and not buy.
That's happened to me already on authors I used to read in paperback that went to hardback - if they weren't exceptional, the excitement was gone by the time it hit paper and it was 50-50 if I bought the book. It'll be much less with ebooks.
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