I had a long conversation with Charles over at YSL today. He said they are taking their second cut starting today. Many bags, shoes and ready-to-wear are now 60% off. Apparently there's still lots of great inventory from Spring/Summer 2008. It might be worth your time to take a stroll by.
This draw-dropping burgundy "Uptown" was $2195 but is under a grand (with tax) at $879.