I didn't intend for this to be a forum to post deals, but I feel compelled to share.
Cheapest I've ever seen the G27 was $204. This is pretty close if anyone has been waiting.
http://www.newegg.com/Product/Product.aspx?Item=N82E16826104330$30 off with promo code G2730. Shipping is free.
You probably need to be signed up for their emails for the promo code to work.
Logitech is in financial trouble and has discontinued console peripherals.
They've never clarified whether they consider the wheels PC or PS3 peripherals.
Either way, it's doubtful they are coming out with a newer wheel anytime soon.