We haven't heard much in the way of news regarding the OnePlus One since CyanogenMod and OnePlus first announced their collaboration in early January. Since then the team has shared its intent to release the phone internationally in the second quarter of this year, a plan that sounded ambitious then and continues to do so now. But early this morning OnePlus's Pete Lau took to Google+ with a message about the handset's eventual price. Anxious consumers can look for the OnePlus One to cost less than $500 unlocked and off-contract when it eventually debuts.
Still, I would refrain from getting too excited until more concrete details about the phone and its software come out in a more official capacity. Until then, we'll just have to settle for less.