The 16GB PlayBook was, until a few hours ago, selling on the Best Buy website for $499. Amazon’s unveiling of the 8GB Fire tablet on Wednesday for $199 suddenly made the 16GB PlayBook look way overpriced.

The 32GB PlayBook has been reduced by $200 from $599 to $399, while the 64GB model has been cut from $699 to $499. But that’s still a boatload of money when the Fire might do everything you want a tablet to do.