Bed Bath & Beyond offers the Lifestyle Solutions Giano Microfiber Sofa in Brown for $271.99 with free shipping. That's the lowest price we could find by $4. It measures approximately 80" x 32" x 33" and features a 600-lb. weight capacity.
Walmart offers the Dorel Home Paxson Linen Futon in Black for $189 with free shipping. (Amazon and Hayneedle charge the same.) That's $22 under our mention from February and the lowest price we've seen. (It's the best deal now by $49.) It features multiple recline positions and a 600-lb. capacity.