If someone is selling their FZ50 now at S$350, then I would say he don't see the value of the FZ50....
At the price of S$150 (about the price of a 50mm F1.8 lens) now, he/she is like "giving" the camera for free... :bsmilie:
The $150 part is just in abstract terms for me to convey my point, it probably won't reach that price in 2 years.
As for $350, that is the market for FZ50, 2-3 weeks ago when I was surfing, there were at least 3 sets going at that asking price (not negotiated yet!), you never know the amount of 'Compliance' (I'm using a techincal psychology term here

) you can get from some sellers with a bit of 'negotiation'. But this is really subjective.
Also the 'value of FZ50' is quite subjective, it depends on operational definition of value. Personally to me, value is not what I will pay for it, but what is a reasonable profit for a seller/manufacturer. Guess we shouldn't over-rate the market, about 8 months ago, I bought the FZ18 (brand new) @ $400 only. Think about this way, even if the camera is not worth that much (ie. in terms of usability or just plain cost), shop owners may still try to maintain their prices. For instance, when the FZ28 came out, it costed like $680 (street price here), whilst you could always import them at $550. True, you can argue its a grey set, but what really is different? They probably came from the same factory, so if its not the product thats different... the remaining variables must lie with the... seller?
But of course, there are other ways to look at it, from a supply-demand perspective etc... I'm no economist, but generally offering my take on the subjective value of, in this case, cameras.