In a deflationary economy, we probably don't know how cheap we can really get stuff.
One thing my former employer DID teach me is that you need to start low enough on price where people are saying NO when you're actively negotiating. If you start at a YES, then you've already paid too much.
My wife bought brand new T-Fal dishes on sale at Kohl's last night. Original price was $150, she got them for $50. The handles were falling off our Revere Set, and the other set was donated to us by her sister.
So, there's the passive "watch and wait" for companies that aren't going to negotiate.
And then there's the active, "start with a NO, and work your way up to a MAYBE (which usually turns into a a YES".
I think if you follow both techniques, I think you'll get some pretty good deals.
Glen Austin