I hope well under that. It is new and all, but the Para 2 with the same blade steel sold for $140. So maybe a $30 premium for blade steel. I am not completely familiar with the pivot system, but doesn't the Para have something similar? The only thing really comparable right now might be the Chowke (S30V Ti framelock x G10) around $125. So start with $125 + $30 for steel and another $10 or so (wild guess) for the flipper puts you around $160-$170? The flipper may be new to Spyderco, but it is not new overall, so it should not have been too expensive in the design and engineering phase. Also, if it goes full production that should lower the piece price vs if it were just a sprint. We will see, sometimes Spyderco's pricing is not consistent and logical like I just laid out, but it is coming from Tawain home of the $125 M4 GB.