I do not believe there will be. These units have yet to be offered at a discount to D* employees and that is not a good sign on the consumer front. I am only guessing but I would not look for this unit to have a price reduction before February 2005 at the absolute earliest.
The unit does produce substantial sticker shock, I just purchased mine from Value Electronics and only purchased it because I had a huge hit in a poker game. However, being an NFL fan and Sunday Ticket subscriber, my wife and I have enjoyed this unit quite a bit since we acquired it.
I had wanted to wait unit these units carried a terabyte hard disk and version 4 with HMO of the TiVo software, however, it appears this may never happen. I still do not regret the purchase of this unit.