They are still in stock as of this post.  I just picked up a couple as it is close to being buy one, get one free at that price.   They have free shipping as well if you use the code on their website when checking out.   I have never seen an adjustable RMR priced this low before, so get them while you can.

Link

You must be late to the party.

This sale has been going on for 2 or 3 weeks.

Better late than never.  I didn't see any posts talking about the sale.

http://www.ar15.com/forums/t_1_5/2002130_PSA---Cabelas-selling-Trijicon-RMR-for--349---279-20-if-you-were-prepared-.html

Yup, you're late to the party OP, but at least you made it.  

I picked one up nearly a month ago.

Bought some reduced price gift cards, purchased through Active Junky and used some promo codes, for a grand total of ~$280 out the door for the RM06.

Some guys did even better by taking advantage of usinga Cabela's credit card promo (whivh was only a day or two long), which gave another 10% or 20% off, and they squeezed out the door with them for around the $230 mark iirc.

So is Trijicon coming out with a newer generation model to replace this one?  Maybe one without the battery issue?  They are now just clearing this out?

Yup, the "Type 2" is out now.

Mrgunsngear did a review on the Type 2 and side by side comparison on both of the models

https://youtu.be/MLenGzc0w0s

Yup, my Type 2 in FDE already shipped from optics planet. Here in a couple days.

I picked up one of the adjustable LED models in June.  Finally got home where I could work on it.  Mated the Trijicon RMR to my G40 Gen4 MOS.  Easy peasy, and off to the range in the morning to sight it in.
With the Streamlight TLR-1 HL,  this will be my night time pig hunting pistol.

Great price but I hated the red dot on my pistol. Move it onto the Scorpion SBR.

Amazing how no one finds it absurd that a freaking dot sight costs nearly or some times AS much as a gun.  Insanity.  I bet these cost $40-50 to manufacture.  

You've never noticed that decent optics are often the price of the gun they are mounted on?

My only niggle with this is "decent".  Excellent optics are often close to the price of the gun. Decent optics can be had much cheaper.

And quite possibly $5 million dollars of R&D.

Highly unlikely, but keep telling yourself that.  I'll keep punching holes with good ol' iron sights on mine

Obviously you don't understand anything about manufacturing.

$5 million???  GTFO

backorder time dropped from 1-2 weeks now to 0-1 week.

Just backordered one, thanks OP for the heads up.

Yes it's very possible. An RMR is a fairly complex piece of equipment, not something simple like a lower receiver of a gun that someone else designed 50 years ago. Let's do a theoretical exercise in manufacturing a complex new product.

They probably had anywhere from 30-50 people contribute effort on the rmr and was probably in development for at least 2 years. You could easily have the following types of people working on this project-

Managers and executives of all the roles named below
Optical engineers
Mechanical engineers
Electronic engineers
Project managers
Drafters
Testers
QA specialists
Procurement specialists
Machinists
Many more..

These salaries can range from $150+ for management, $75k-$125k for the engineers  (DOE) which is where most of the time (expense) would be, and $40k-$70k for the rest below that.  For the ease of math we will just say that each year it took the equivalent of 20 people working full time on the project at an average salary of $70k.

Employees typically cost the company an additional 30% above their salary for things like health/life/workers comp insurances, employer portion of FICA (7.6%) and any other benefits companies offer to attract and retain employees.

So just on labor expenses alone we will do the math -
$70k + 30% = $91k
20 m/y over 2 years = 40m/y
91k * 40 = $3.64 million

Then add things like prototypes which cost a crazy fortune because they dont have the volume to bring the unit cost down. I would not be surprised if the prototypes cost over $1000-2000 each.  Then during testing prototypes reveal a design flaw so we take it back to engineering to fix the flaw in the next prototype. There could realistically be $100k-200k invested in prototyping.  With Trijicon being focused on the mil/LE markets, they are going to do much more testing than the average low end optics company.

$3.64 million + $150k on prototypes = $3.79 million

Now that we have spent close to $4 million dollars to design, test and refine the design we can get it ready for market. First we need to start advertising it, show it off at special events and conferences. For these marketing expenses, $250k would be on the low end.

$3.79 million + $250k marketing = $4.04 million

While we are doing all this, we need to start production. Being that Trijicon does US based manufacturing, the unit cost is probably closer to $75. So we need to create 10,000-15,000 units before release date, @$75/ea costs us $750,000 to $1.125 million.

$4.04 million + $1 million initial production = $5 million(ish)

All of this must be spent before we have ever sold our first unit. Most of these numbers are pretty conservative, but you can see how $5 million can be reached very quickly. We also haven't taken into account any of the other business operations that don't produce revenue like IT, finance, facilities, etc.