$388 is a good price. Im pretty sure its new, Sams Club is normally a little cheaper and I know Wal Mart has always shaved atleast $1 of apple prices. Even on Apples site with my corporate discount I can order an Ipad 2 for 488 so I dont think there being that firm. The 16G IPad 1s have been 399 everywhere but it appears they are starting to get hard to find and the ebay prices are starting to climp up. I just watched and auction end for 430 and that was an open box. Also Apple is sold out of 16G refurbs online and there not even listed right now.