The $199 ones are the Living, not the Live.
I believe Hisound are making new models that should be out before too long. Might as well wait for those. Other new stuff coming out now, Charm 3, BLOX, etc. so make sure you want to buy an older model right now. I wouldn't myself. Still a good bud but this new stuff could be cheaper and better sounding. There are some BLOX ANV3 left(according to them) at $70 shipped and a couple of Charm 3 were on ebay for $65 shipped(not sure of color choice though).
My PMX680 are slightly modded and they sound much like the BLOX M2C with more enjoyable bass. So I let the BLOX go. My JBL Tempo are similar in signature to the Live but more enjoyable to me(sound less thin w/o amping) so I no longer own the Live.