The lower cost single band UHF 440 transceiver is now available. The FTM-3207 should be order-able from most retailers.
The interesting news is they have made this radio capable of controlling a Wires-X node. That is, from the front panel and microphone keypad, you can connect to a Wires-X node and connect to other nodes and rooms. This feature was not previously available on the lowest cost C4FM radios, the 2 meter FTM-3200 and FT-70 HT. But as of today, both of those radios are now upgrade-able with a firmware update.

All of these radios are under $200, and the FTM-3200 was going for $135 earlier this year.

The link below has a video on how it works on the UHF FTM-3207.