Any one still think there will be an iPad Mini?

With the launch of the new iPhone 5 and the new iPod touch is there room for an iPad Mini.

The iPhone 5 doesn't effect the iPad Mini, but the iPod Touch does. If the rumors are true the iPad Mini would come in October with a 7.85 inch screen. With the newest iPads staring at $499 and the iPad 2 starting at $399 and the iPod touch at $299 and $399 is there any room for a iPad Mini? What could Apple price it at that would make it cheaper than the iPad yet, not destroying the iPod sales?