Not to rain on all the United States people's parade, but couldn't this just be apple updating the price with the recent changes in the dollar to euro conversion rate?
Not likely, prices of all iPods were already dropped with the recent 1GB Shuffle price drop (minus 10,- Euros for the nano and minus 20 for the classic). At least in the Dutch store, but I'm suspecting the other EURO-zone stores as well.
The arrival of the new MB and MBP's was also accompanied with a 200,- euro price drop.
Might this Touch pricedrop mark the end of the iPod classic?