I have seen somewhere (don't remember) that the Dell 27-inch is going to launch before the end of January.
Regarding price drops for the 2407...Well of course the price will drop. The 24-inch pricey will be pulled down from below by Dell's 22-inch E228 and pushed from above by the new 27-inch (who might be named 2708, and not 2707).
If you read this
page from The Inquirer, you will see that they expect 22- to 24-inch 1920x1200 screens to break the $500 price barrier in 2007. They probably meant 23 to 24-inch.
I tend to agree with this. A 2407 for $499 before Christmas 2007... I would almost bet on 499 $ Canadian