The Motorola Xoom was widely expected to be the first Android tablet to give the iPad 2 a run for its money. It had a difficult time since there were some flaws with Honeycomb and Motorola made the poor decision of pricing their tablet higher than that of competitors.
Motorola has finally caught onto things and has decided to drop the price of the Wi-Fi only Xoom from $599.99 to the standard tablet price of $499.99. This was probably due to the recent release of the Samsung Galaxy Tab 10.1($499.99), which was a more viable choice to Android customers due to its lower price point since the Xoom and Galaxy Tab 10.1 have nearly identical specs, but the Galaxy Tab 10.1 is $100 cheaper.
It was defintely a smart move by Motorola to drop the price, although the Verizon version of this tablet is still priced at $599.99 with a two year contract. If you happen to be looking for a good Android tablet, I highly recommend the Xoom as one of the top tablets now due to its lower price.