Assaulted by $99 iPhones and whatnot, Peek's cut the price of the Pronto to $60, and the Classic down to $20. Apparently, teenagers want to actually call people, or something. Monthly fee is still a pricey $20 though. [WSJ]
This happened a while ago. If you're interested in one, you're much better off tracking down an older model from Target for $15 (just make sure the version number on the bottom is less than 1.09) and you can mail it in to get a totally free upgrade to the Pronto firmware.
It's not bad if you want a simple phone for calling but you're still interested in some basic smartphone features. Emailing and Texting are good, but the community has also set up Email applications to which you can send commands and get things like driving directions, Wikipedia articles, or Twitter search results sent back to your inbox in about a minute.
It's just shy of $17 a month if you buy three months of service at a time, which seems pretty reasonable to me.