Update: The announcement just came, AntMiner L1 will be a Litecoin miner offering a price of $5 per MHS and will start shipping in December. The L1 miner should provide a hashrate of 120 MHS for Scrypt mining and will have a price of $599 USD per unit with free shipping worldwide, based on 28nm production process it will have a power usage of 380 Watt at the wall. It also seems that the new miner will have support for mining Scrypt-N crypto currencies as well and not only Scrypt ones. There is also something new about the Bitmain AntMiner L1 miner and that is the fact that the company is essentially accepting pre-orders for a device that should be ready for shipping in about 3 months from now. Up until now Bitmain has announced new products and shortly after that the company started shipping them, so the products were ready when announced and not still in the development stage as is the case with the L1 miner apparently.