Gary Ankney at EduPalm.org writes in with more product pricing news:

Remember the Palm m505? The slightly lighter m515 replaced it with a brighter screen and twice the memory, but they both have the same beautifully slim case. Not everyone was happy with the m515’s unlighted Graffiti area or its always-on backlit screen, harder to read in bright light than the m505’s transreflective screen. The Palm store has re-listed the m505 at $249, smack dab between the m130 at $199 and m515 and Zire 71 at $299.