MetaGeek breaks the $100 barrier with the Wi-Spy 2.4i: The company's new USB spectrum analyzer is a revision of its entry-level model, which handles 2.4 GHz (2.400 to 2.492 GHz). A spectrum analyzer constantly samples the radio frequency environment around you; software that works with the analyzer can derive graphs, charts, and other visual and numerical representations. You use a spectrum analyzer to troubleshoot problems in wireless network, identifying interferers, or to plan networks by figuring out what's already in place and testing access points' reach when you fire them up.
While Ubiquiti sells 2.4 GHz spectrum analyzers that are less expensive (the cheapest can be found for $40), I believe that MetaGeek is offering higher resolution (375 KHz instead of what looks like about 512 KHz). MetaGeek also has software support under both Mac OS X and Windows (with the free Chanelizer Lite).
MetaGeek also dropped the price of its next-level-up analyzer, the Wi-Spy 2.4x, which has an external antenna, and both finer and adjustable resolution. It's now just $199. The 2.4/5 GHz Wi-Spy DBx took a $200 plunge, too, and weighs in at $599.