If you don't care about looks the 920XT is $50 less than the Fenix 3 and has identical bike/run functionality.

Mine is the only watch I have, whether I'm hiking or on a date night with Beth, so looks were important to me.

I've heard Cabela's had a sale lately, with the F3 selling for $200 less than retail. I got an REI credit card right before I bought mine, the credit card came with a $100 gift card, which brought the price down by $100. If you look around you should be able to find a deal somewhere.