Just want to point out to those who don't know, land prices are dictated primarily by how many sims are in the auction queue.
http://secondlife.com/auctions/
Right now there are only three, which means prices will be higher by the end of the day, so if you were on the fence, it might be a good day for you to take the plunge and go premium or find a nice mainland rental and pay the avatar the monthly fees directly.
Plus there are a lot of gorgeous new sims to check out on the new Nautilus continent. In my year here, I have never seen waterfront and oceanview so inexpensive.
Happy hunting!