The Northlight Images 5D rumour page has reported that the EOS 5D prices continue to fall. They suggest that with a bit of good bargaining you can drive the price of a 5D body down from HK$16500 to HK$15500. I have no way to verify this independently but I have found the 5D on Chinese language Hong Kong web-sites for HK$18000 so a street price of HK$16500 doesn't seem impossible.
To save you the trouble here are the approximate currency conversions:
HK$15500 = £985 = €1450 = $1995
HK$16500 = £1050 = €1550 = $2120
HK$18000 = £1150 = €1680 = $2320
Of course, in the EU there is VAT to pay but, from memory, no import duty. In the UK VAT is 17.5% which, if your bargaining skills are up to scratch, means that you could end up legally importing a 5D body for around £1160. For comparison, the cheapest advertised price for a 5D body I have seen here in the UK is £1429.
Hong Kong is arguably the bellwether for the world market. It remains to be seen whether these prices are due to a planned effort to sell off existing stock or are a response to reduced demand in anticipation of a "MkII" announcement sometime in the next six months. Possibly even a combination of the two?
So, it may be cheaper to buy a 40D and
a 5D than to buy the anticipated 5D MkII if it is announced with a price similar to that for which the 5D originally sold! Two bodies for the price of one, 6.5 fps for sports/wildlife and the IQ of a 5D for portraits/landscape. Drool.