The faster SLC-based X-25E 32GB drive is now priced at $415, down from $575, and there's also a new 64GB X-25E with a price tag of $795. A 320GB MLC drive and a 128GB SLC drive is slated for later this year. Lower sales due to the global economic slump are a key reason for the price cuts. However, declining NAND flash prices are lowering production costs for Intel's competitors, many of which are entering the market with a new generation of products. Intel launched their 160GB X-25M for $945 just under two months ago.