you failed to mention -------what type-------- of phone you were speaking of.
i know for a fact that there will be at least 3-5 new dualcore android phones coming out before christmas. some of them look very enticing. the new droid bionic just came out and looks to be a decent phone but there are a few more coming that i'm liking the look of better.
as far as price drops....
full retail price drop....very doubtful.
price paid with 2 year activation drop.....you might be able to see a better deal on older phones, yes.