Gizmodo's reporting that TiVo could be planning a major price drop for the Series3 recorder, currently priced at $800.

Of course, you have to take their source with a grain silo's worth of salt: a customer service rep mentioned this to a Gizmodo reader. Because the customer service reps always know what they're talking about. And in fact, even if the service rep knew that a price decrease was on its way, why would that person tell a potential customer who could be ready to buy a TiVo today?

Now, don't get me wrong, I want to see TiVo Series3 units sold for under $400 as much as the next guy (sure, I know that's an unrealistic figure, but seeing as we're fueling the rumor mill, I figured why stop at the more likely $600). But come on Gizmodo. If you're going to call something a rumor, at least find a more credible source than a guy who heard from a guy, even if the email did come from someone's "work email of a well known mega corp."