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We will probably learn specifics of release and retail price at Google I/O, and I am really curious where they will be priced. As was already pointed out, the current $1500 is not realistic for general sales. The hardware doesn't have a lot of really exotic components, so I would expect that price to come way, way down. I'm guessing under $500, but you know how guesses have a way of being wrong. I don't think there is much of a penalty for waiting - Glass looks neat now, but until there are more "killer apps", it remains mostly a curiosity.