This just in from The Verge:
The Moto 360 just keeps getting cheaper — just a few days after Amazon started selling it for $179, Google itself has gone ahead and cut the price down to only $165 with free shipping. That's a pretty strong deal for a watch that still stands up as probably the best-looking Android Wear option on the market. That'll get you either the all-black model or the silver and "stone" model — Motorola's own website offers a good bit more customization right now, but it won't come cheap. And since we found the customization options for the Moto 360 to be a bit lacking, we'd recommend most users go ahead and save $85 off the watch's original $249.99 asking price.