HTC's chopped down version of the HD, the HD Mini, has made its way to India. HTC has announced the availability of the Mini at a selling price of Rs 23,490 ($520 US).
The Mini was recently sited passing through the FCC and there is still hope that a U.S. carrier will pick up this Windows Phone. There is also an outside chance it will become available in the U.S. as an unlocked phone.
If the latter is true, maybe the pricing point will come down just a little before reaching the States.