Accord to Phandroid, the price drop is because "Samsung has apparently reduced the price they ask for the S II when selling directly to retailers, translating into a lower cost for the end consumer."
A good example is UK retailer Unlocked Mobile who are taking pre-orders for the Samsung Galaxy S2 already. Their price point is £497.98 (around $810) inclusive of VAT.
Now of course that is still a hefty price tag but direct conversions are usually always higher than the actual set price points, and then there is also VAT.
Now word yet on the official release date for the Samsung Galaxy S2 however it is rumored to be headed to all 4 top US carriers just like the original Samsung Galaxy S did (Epic 4G, Vibrant, Fascinate & Captivate). source ; http://www.gizmocrunch.com/rumors/6417-samsung-galaxy-s2-price
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