Were you eying Bowers & Wilkins' P5 headphones, but put off by the initial $300 (now $250) sticker price and not so inclined to the in-ear C5? Someone at the company heard you, as we're now getting the P3 for a more affordable $200. What changes when you pocket the extra cash? You'll get aluminum and other hallmarks of buying the British outlet's audiophile gear, but the cost trimming brings a special "ultra-light acoustic fabric" instead of sheepskin leather and a more portable folding design instead of the pivoting earcups found on the P5.