PriceFad.com - Is Today's Deal A Real Deal?

Do you really know if you are paying the right price for an item? You can check the real prices of the most known electronic items on PriceFad. PriceFad has a graph for each electronic item that represents the cost of the item through the time. It has another pretty cool feature that consist on the forecast of product prices. When the user searches the price of an item, the graph does not only show the present cost and the previous cost but also a forecast for the cost of the item in the future. It is a very handy web site for electronics consumers.

"We wanted to give you the best historical view before pulling the trigger - be that researching on a broad category, say 46in LCD TVs or a specific product, say: TomTom ONE XL GPS, or even to compare two alternative products, say Samsung 19in LCD vs. Viewsonic 19in LCD. The PriceFad allows you, the consumer, to see historical market direction and understand whether today's deal is really a deal. If you are patient enough, you can also register for a price drop alert so you won't be missing anything."

Users can find this web site very useful due that it helps them to have a good idea about prices of electronics. It also gives a forecast of the prices of the products that the user is looking, so if precise, it can be a very good tool for PriceFad users.

Are there any services like these? How precise can the forecasting of the product prices be?