The US price dropped from $769 for the '09 to $699 for the '10. The site does say the '10 is a steel frame, but I'm sure the '09 is aluminum. Maybe that accounts for the price drop. I have an '09 that I bought right before Christmas '09 for $600 CDN at a store that was closing forever. It was the cheapest SS option in Kingston ON. It is certainly light, and I love the way it rides compared to my mountain bikes, one of which is converted to single speed.