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I'll wait for the iSuppli parts/manufacturing cost breakdowns, but I'm willing to bet it will be under $300 (for the 3G model), given the price of the iPad 2.

According to iSuppli, a 32GB iPad 2 GSM model (AT&T 3G) carries a BOM of $326.60.

Let that sink in before loudly declaring SCE "will lose their shirts" by selling them for under $349; with the above estimate, you'd sound foolish.

While a $249 price for the 16GB/WiFi model seems unlikely, it's not implausible either; no one knows what type of deal SCE has made on their volume parts orders with the only real unknowns being the A9 CPU and the SGX GPU.

$299 entry price; still most likely. But if they want to go $249/$349 for their two SKUs, things will get a lot more interesting.