That is MSRP--The price I would pay for a new one, no strings. I would think the new "Hopper with Sling" would be free or $99 with a commitment. I also think this is the next generation, as in, after a certain date, the original hopper would no longer be available. I also think that since the two work quite similarly, Dish will continue to support 1st gen hoppers for quite some time. (I could be wrong on all counts though. )