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Does this drop happen often? Or is this the first time?
This is the second time it dropped. Since Massdrop is having this manufactured just for them, I'd imagine it'll drop often as long as there's a demand. But this is just my guess, and I've no idea when it will drop again. Massdrop may decide it makes sense to delay a few months before the next drop. Note that you can always pay more and get it from JDS if you don't want to wait.
I recently bought the AKG k7XX's so I was thinking about getting a decent amp for them too. I never owned an amp before, so I don't know how big a difference it really makes and I don't want to pay $80 for it and then decide I don't really like/want them. Are they sold anywhere besides here or amazon? Local stores like bestbuy/radioshack to test it out?
The AKG's are quite power hungry, so you kinda need a (decent) amp to get them to their full potential. That said, the o2 is a very good amp for it's normal price, which is around 150 (JBS, MayFlower, and a few other sells them too). It blows even some amps out of the water that cost hundreds of dollars more, even some 4 number costing amps according to some.
That said, I don't think you'll go wrong with an o2 that costs 80 dollars. They don't go on sale often at other distributors.
If you don't like them, which I doubt, you may even be able to sell it for more, but no promises.