No. $29.99 is as cheap as the device will ever get without fire sales.
The components are legacy at this point, meaning they cannot be purchased in as large of bulk rates.
Additionally, until they resolve the issues with the device like lack of Netflix 2.0 (profiles) ... or even any netflix for that matter its just a sunk product (I own one, and its basically only useful for remote play... and only when LANed at that).