A 3D modeler render for $10

[Midgardsormr]

It'll end when they hit the number of licenses they wanted to sell, so there's really no telling. It appears sales might be accelerating, though, so if you want it you probably ought to grab it today.

I did a little hunting for reviews, by the way, and while it's not very widely used, at least a few pros like it to supplement Lightwave. Lightwave itself used to be the premiere application for game modeling; it's still quite good, but it's been largely displaced by 3ds Max. In short, this is likely to be a fairly high quality product.

If you miss out on this offer, though, I recommend taking a look at Houdini by SideFX Software. They've got a hobbyist's version for ~$100. It doesn't have the awesome dynamics stuff (water, smoke, fire, etc) that's in the pro version of Houdini, but it'll do all the modeling and rendering you could ask for. Better than Maya and Max in some instances.