You've probably noticed by now. Graphics cards are getting ridiculously cheap—even former high-end ones—while PC games aren't getting all that much more demanding, thanks largely to the popularity of multi-platform releases. It's a pretty sweet time to be a PC gamer.
The latest stepping stone to dirt-cheap PC gaming comes courtesy of Newegg, which has given us a coupon code to share with TR readers. Sapphire's Radeon HD 4870 512MB normally sells for $174.99 at Newegg, but the e-tailer has a $10 instant rebate going. Add the coupon code "VGA42215" (without the quotes) at the checkout page, and you can grab it for $149.99 with no extra work involved.
If that's not good enough for you, this card also comes with a $15 mail-in rebate. Net cost (if the rebate check ever shows up): $134.99 plus shipping. Not bad for a graphics card that still cost over $200 a few months ago. Just don't linger if you're interested—the coupon code expires on April 26, and the rebate will only be valid until April 30.
Update: Speaking of games: if you haven't purchased Valve's Orange Box bundle yet, Valve now sells it for just $9.99 on Steam. The package includes Team Fortress 2, Portal, Half-Life 2: Episode Two, Half-Life 2: Episode One, and the original Half-Life 2. Also, Left 4 Dead is available for $39.99 instead of $49.99.
Update 4:39 PM: Newegg has given us another coupon code ("AMD4231") that shaves $10 off the price of AMD's new Phenom II X4 955. That makes it just $235 with free shipping. As we saw in our review, this CPU is equivalent in performance overall with Intel's $270 Core 2 Quad Q9550.