You're not gonna find a Banana Moray for less than that. I'd like to know where you've seen them cheaper, surfinusa.
They're basically a reverse Golden Tail Moray.
It's not that their rare...there's just not too many suppliers selling them. I'd like to have one and one day I'm sure I will...there's not other fish I want more.
If you're wanting one, I'd snatch one up, for $400...that's a very reasonable price.