I just read recently that serpent is ending their relationship with Nova and colaborating with picco for their new Mega engines with a much lower price in mind.

I have found that the most prohibitive cost of nitro racing which stops me from competing at the high end of the hobby is the price of nitro engines. Serpent have stated that they will make their engines 30% to 50% cheaper than their current NOVAMega engines. Now here in Australia a nova mega .12 engine is around the Au$600 mark.
Now i am in the market for a new .12 engine but was wondering if its worth waiting it out for a new PiccoMega engine. Do people expect the performance to be up there with other modded engines from say JP or Rb with the new megas? DO people actually expect the prices to drop from say Au$600 to the $400 mark?

This theoretically would also bring the price of a .21 engine here in aus from au$1000+ to around the $600 $700 are which would also make 1/8th a little more appealing to alot of people.