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I more then likely won't be able to get MP Soundwave come Jan. My question is, Will there be an eventually Hasbro US release? Like there was for MP Grimlock. Will it cost more, or less than the initial release?

There is no confirmation of a Hasbro release and probably wont be one for a while. I can't imagine Hasbro not doing it. There is nothing about the figure itself that would lead to Hasbro to not do it. However, if they do release it, it would cost less.

There's no way to know for sure short of Hasbro Announcing it, but if we take into consideration the previous. MP releases we could say its quite possible.

As for price, all Hasbro releases have always been less costly than Takara's releases, so it's safe to say Soundwave will be the same.

Of course there's no guarantee as this is all speculation.