Update: it seems that the US price for the Leica D-Lux 4 Titanium will be the same as the regular black D-Lux 4, which makes this a really good deal.
The price actually is not that bad - 677.00 GBP (995 USD). Expected delivery January 2009. This is a limited edition D-Lux 4 and only 500 pieces will be available worldwide. Only 50 will be available in the UK.
See also our first report on the Leica D-Lux 4 Titanium Limited Edition.