This deal has ended.
PC Mall now has the iPod Nano in-stock for $199 plus a free Belkin FM Transmitter, case & engraving (note that the transmitter, case & engraving are only free after mail in rebate). The new Nano, which weighs 1.5oz. and is thinner than a No. 2 pencil, comes in 2gb (500 songs) for $199 or 4gb (1000 songs) for $249. Both black and white are available.