****I think the only difference between the Blue and Red label G34 is that the Blue label has fixed sights and the standard 5.5lbs trigger, and of course the LEO discount if you qualify.
One of our local shops had a regular G34 not too long ago with the adj sights and 4.5 trigger and it sold the same day they got it for over $800 after fees, etc... They were significantly cheaper in MD not too long ago but there are lots of folks willing to pay above retail and leave deposits for them when they come in at this time.
Maybe Glock is making a bunch as I type and the market will be flooded again soon but I've been waiting for one since February or so as have others on this site.