If it follows past history, it will be at least 2 years before 1080p PJs go below $1K (exclusive of gray market/refurbs/stolen merchandise). Then there is the current financial market, which is driving prices (in the US) up - exchange rates and transportation (read gas prices) cost effects. Plus the manufacturer's are still back-ordered.
martinschmidt57 --

- that seems to always happen at this time of year and with newer PJ designs. Three years ago, there wasn't even a 1080p at $10K+. Now we want them for $1K or under? If you can't afford a 1080p, just get a good 720p PJ - it's still HD (ABC, ESPN, & FOX are using 720p cameras for their HD shows).
It took about 4+ years for 720p PJs to go from 1st release (at $4K+) to under $1K. So what's to stop 1080p units from following the same pattern? Plus this years 1080p units have much better picture quality than last years, for about 30% less money. Until those design improvements slow down, we won't see too much price reduction.
Look how far we've come with digital PJ technology. I bought a whopping 640 x 480 (a mid-priced Sharp model

) PJ for $7K 20 years ago. Today I can buy a 1280 x 720 model for under $1K, and a number of good, new, 1920 x 1080 models for under $3K

.