According to some recently leaks Barnes & Noble documents, it looks like the Nook Simple Touch ereader will be given a price cut. Well, a price cut along with some new software. In terms of the price, that looks like it will be going from the current price of $139 down to $99. Yup, the Nook Simple Touch will soon be at that magical sounding just-shy-of-$100 price point. Anyway, at present we are still wondering when version 1.1 of the software will be available for download and when the price drop will go into effect but in the meantime, if you were considering a purchase — you may want to hold off until we get something a bit more official.
[Update] Based on the rest of the Barnes & Noble related leaks that followed this post, it appears as if this price drop will go into effect on November 16th.