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I ordered my lens just before vacation, so I haven't had a chance to play with it since we just got back last night, but I got an email saying it was reduced in price today. $125 with free shipping -
http://www.amazon.com/Canon-50mm-1-8-Camera-Lens/dp/B00007E7JU/ref=sr_1_1?ie=UTF8&qid=1305203268&sr=8-1