I know you have been waiting for this information! Log in to ParterSource and download the pricing information of Microsoft Dynamics CRM 4.0.
In the Zip file you will find a PowerPoint that provides an overview of the licensing structure and options for Microsoft Dynamics CRM 4.0. Topics covered include user and external connector licenses, program availability, sales channels, pricing, registration, Dynamics CRM 3.0 upgrade paths, Software Assurance, and other important information that will help address Customer queries related to Microsoft Dynamics CRM 4.0 licensing.
I have been using some of this deck during the Titan launch roadshows and got great feedback about it.