The new pedal itself is plastic and rotates on a shaft. No bearings. This is the same as the old pedals.
The biggest differences are that the pedal rides on a stainless steel shaft now rather than steel. The second big difference is that the crank shaft is hollow and lighter.
The new pedals come with the crank shaft because the pedal is press fitted onto the shaft.
Current pricing is shown as $37.95. This includes the pedal and the shaft connected. I am working on a new kayak accessories catalog. This will be distributed by May and will include all of the new stuff.
By the way, there is a new parts diagram in the support area of the Hobie website that shows these part numbers.
http://www.hobiecat.com/support/pdfs/Mi ... _Parts.pdf