I think this has to be the lowest price I've seen for a GPS for runners.
I have a Timex speed + Distance that has worked well for me. The Timex
has a watch and armband, though, and this one works completely from the
armband.
http://www.yugster.com/gpstrainer.html
Navman R300 GPS Sport Tool For Running, Hiking, Walking
Perfect training tool for any excercise buff. Utilizing state of the art
GPS you'll instantly know distances covered, speed/pace, calories burned
and more at a never before seen price. Ships to your door just $5.
Yugster Price:
$39.95
I'm not sure, but it may require registration to get to this deal. I
have used the site for a couple of years now with no problems.
Tom