For those who missed the chance to buy it: we can perform intra-LW arbitrage to ensure an efficient allocation of test kits!
Simply reply with a price you'd be happy to pay (so below its marginal utility) and we can see if anyone who did order would like to sell on. As people didn't buy when it cost $500, it seems likely there are some pareto improvements here.
Thanks for posting this! I read your post at 4:00 pm PDT, so I made it just in time. My wife and I each ordered a kit.
$100 will probably be the normal price in 5 years or less, but it is fun to find this stuff out.
$100 will probably be the normal price in 5 years or less, but it is fun to find this stuff out.
5 years may or may not be too far out. In November 2007, after all, it was a cool $1000: http://www.nytimes.com/2007/11/17/us/17dna.html
AFAIC, the current $429 price was put in place in September 2009.
So it dropped >1/2 in <2 years, and from 400 to 100 is just 2 halvings, or ~4 years.
I expect that it will be technically feasible to offer <$100 SNP analysis on 23andMe's current scale (>=550k SNPs), but the determinant will be business factors - what's profit-maximizing? Do they have the resources to scale to demand at <$100? etc.
I think they will (lots of people and equipment being liquidated in the biotech sector will help them), and have made a prediction for during 2014: http://predictionbook.com/predictions/1677
You were correct; it dropped to $99 in about 2 and a half years.
I wouldn't buy this for $500, but at $100, the possibility of learning something important is well worth it. I've ordered mine. Thanks for posting this - I would've missed the opportunity otherwise.
What do you think you might learn? I haven't seen very many practical results (as opposed to idle curiosity), except for a few things like lactose intolerance.
EDIT: I've since seen a number of interesting examples - warfarin sensitivity and how well modafinil works come to mind. The latter, since modafinil is pretty expensive, might justify testing at $100 or $200 all on its own.
I suspect this might interest some people here: for today only, 23andme is offering their full-package DNA testing for only 99 dollars (the normal price is $499).
23andme uses a genotyping process, which differs from a full gene-sequencing. From their website:
I don't have any experience with 23andme (though I seem to recall them having some financial difficulties), but the price was low enough for me to order a test.
An article by Steven Pinker discussing his experience getting tested can be found here. This has also been linked on Hacker News.