This morning, I ran across this similar thread ( http://slickdeals.net/f/8851419-ymmv-walmart-in-store-only-razor-crazy-cart-74-originally-299?v=1&src=Sit
In looking at the "others viewed this" listing on Walmart.Com, I noticed a number of other Razor items on markdown/clearance and after plugging in a few, if stumbled on one store that did have it marked down ~60%.
Long story, short. I did find it in stock, and the person who scanned it with is portable device was shocked at the savings (The Walmart app still showed regular price, which Brickseek did show it marked down to $115 (what he scanned it to be)
The bike itself is a contradiction.It is small enough for a 6-7 year old, but likely too fast (14mph) unless they're on soft soil (ie..not pavement). In contrast, the box says "13yrs +", which has to be a legal decision. In the end, my 10 yr old seems a bit big for it, but is enjoying the speed over what he's used to on a electric quad (5mph) or his bicycle.
I've attached a snap of the Brickseek page that shows the discount. The item number is 37079971.