I just bought it for 800 points. It took a little over a month for the price to drop. As I said in my first post, "Patience is a virtue and it can save you money as well".
After playing it for awhile I can honestly say that the game is not worth 1200 points. Even on sale at 800 points, there are better arcade games out there. Gatling Gears is not a bad game by any means, but not a great game either.