Update: Despite allegedly
increasing the number of devices available through the promo, all the
spots are already gone. It took under 10 minutes. There are going to be a
lot of unhappy folks out there, but there's another slot open next
Monday.
If you want in on the deal, head to the Motorola Holiday Sale page
and register for the promo. You will get a code in your email that is
valid for one week, so you've got time to decide exactly how to proceed.
Keep in mind this is only for the Moto Maker version of the device for
the big four carriers – the developer edition phone was not subject to
the website issues on Monday and sold out. The cost of the off-contract
devices will work out to $349 for the 16GB and $399 for the 32GB. The
promo code THANKS from Black Friday is still valid for 30% off
accessories too.
The promo code approach is probably designed to spread out purchases and ease the strain on the Moto maker site. Still, you probably want to snag the code early. Good luck.
[Motorola Blog, Holiday Sale]

Original post: Things didn't go super-well
for Motorola on Cyber Monday – it turns out people really like getting
$150 off a full-price phone and pretty much crushed Motorola's website
on Monday. To make up for it, the company announced two more sale days,
today and next Monday. It's first come, first serve and limited
quantities are available each day.

The promo code approach is probably designed to spread out purchases and ease the strain on the Moto maker site. Still, you probably want to snag the code early. Good luck.
[Motorola Blog, Holiday Sale]
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