Bowers & Wilkins has released the P3 ($300) version of headphone. Based on P5 version the newer one is cheaper ($200), smaller and lightweight. The P3 featured  aluminium body, same sound quality like P5 has but the sheepskin leather has been replaced with ultra-light acoustic fabric. Furthermore the P3 has Apple-friendly in-line remote for calling. The Bowers & Wilkins P3 headphones will be available in coming June. Also check Zumreed X2 Hybrid ($159.95) Headphones & Mini Portable Speakers.[via]

Available at wilkins.com for $200

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