http://www.usc-b2b.com (based in MN, Adobe Student License Software Require Adobe CLP Contract Number with Student Option)
It seemed to be a deal with the University of Minnesota, but I actually don't go there, but to a local technical college. It's basically a volume licensing deal, but available for students. It all depends on your school and what deals they have made, or you could just move up here
Anyways, only $100 off for the academic price of Final Cut Studio seems pointless now. Unless you find a school that deals with volume licensing to get a cheaper price, either buy the full version or look for better deals.
One of the things that I found odd was no real update to DVD Studio Pro. DVDSP is still only version 4 and doesn't support Blu-Ray authoring. Now you can export Blu-Ray compatible files (high profile MPEG-2, H.264, and relevant audio formats), but no authoring. Apple does mention using built-in or downloadable templates, but that is just meh. I bet they at least removed all the mentions of HD-DVD seeing that it lost the format war. I'd stick to Adobe Encore or other authoring programs for your Blu-Ray or even DVD authoring needs.
I do like the additions to the ProRes codec family. ProRes 4444 looks to give an alternative to using the old Apple Animation codec for high quality and alpha channels. I just hope they update QuickTime to have the decoders on both Mac and Windows. And I'd love it if they offered a ProRes encoder for Windows, but I doubt that will ever happen.
Insert clever text/image here.