In the next few months Nikon is rumored to update/refresh their current AF-S Nikkor 70-300mm f/4.5-5.6G IF-ED VR lens ($496.95). Two new 70-300mm lens versions will be announced: one with VR, one without. This is an interesting move - it seems that Nikon will start offering VR and a non-VR models of their "cheaper" lenses. The latest AF-P DX Nikkor 18-55mm f/3.5-5.6G lens also came as a VR and non-VR versions.
The current 70-300mm f/4.5-5.6 lens was announced back in December of 2006.