It's kinda funny that this topic was raised, because I thought that if
The Price is Right is EVER to be done live, there should be a reason for it, which should not necessarily be to give away gobs and gobs of cash, but the timing of the event. I always thought of a New Year's Eve Special timed to ring in the New Year as the show ends. However, it would be EXTREMELY difficult, not only for the reasons cited in the last posts (contestants mulling over prices and numbers, possible pricing game malfunctions, transitions, etc.), but for these reasons as well:
(1) I do not think that David Letterman would be really happy about being bumped for this show, especially since it would be relegated to the wee hours of the night since local affiliates usually take over around 11:15-11:30 PM.
(2) If it were to be an hour-long show, that difficulty would be very, very apparent since local news won't pony up the top half of the 10:00 P.M. hour (I am speaking in central time, by the way), and reasons cited in number one.
So, unless CBS even considers doing a stunt like that one, I do not think that having
TPiR done live is worth the struggle. Besides, some people still have the illusion that the show is being aired live. I probably would have it as well, but then I became a Radio and Television major.
The Inquisitive One