Shimano - SH M-121/PD A520 SPD Shoe/Pedal Combo @ Cell Bikes $99
The price on the shoes is $158 and the pedals about $78 elsewhere so for the price of the pedals and the leather flap off the top of the shoe you can get the whole lot.
The only confusion I have is that Cell bikes say that the offer is only open until Wed Nov 5th. What I'm confused about is that Nov 5th isnt a wednesday so I suspect that the deals open until Wed which will be the 7th Nov. If in doubt just ring them.