I think there is some 'backing off' going on right now. My dealer told me a month ago my best bet would likely be a 2003 in six months, then he calls me yesterday and told me I was only one away from getting a GG Base +Navi in May, but the one ahead of me decided to take it.
He said but I should be in touch with you very soon, it should not be long at all now.
I am not sure what all that means, either more cancellations or more production.
I think as we creep ahead, more people are also considering a 2003 X and at least want to see what will be different.
Also, Nissan, Toyota, even Chrysler, are coming out with new or revised SUVs in the same price range. Check out Autoweek.com. MDX had an incredible 2 years, but the competition is not going to sit back and just watch as 2003 comes and goes.
Competition may finally start driving discounts. If the economy keeps it's slow climb back up probably those discounts will be offset some by higher interest rates which wont bother those of you able to throw down the cash.