I'm thinking about moving to NYC as well, in June. About once a week I find a deal in the Bronx or the Lower East Side for 600-700$/month for studios or basements. Me and my current roommate are pretty interested in moving to NYC after visiting. I don't think I could afford what some of you could though. Hell, I'm just a cashier at a deli.
edit: And I just found a studio apartment in Jersey City, 2 miles from Manhattan. Is Jersey City lame? I wouldnt mind living there because it's a short bike ride to all the happenings in NYC.