This deal has ended.
Overstock drops the Bento Microfiber Suede Futon in black and soft white from $234.99 to $177.99 as part of their Red Line Deals. Better yet, activate the $10 off $150 coupon in this link to cut it to $167.99. Even with $2.95 shipping, that's the lowest total price we've ever seen. There's no sales tax (except UT).