I know someone that got an older iphone screen replaced and that was something like $120-$130 - so the price you are quoting doesnt sound over the top.
I think there are some how tos on youtube - see if that scares you off or makes you keen to give it a go...
----------------------------------------------------------------------------------------------- Nothing is impossible for the man who doesn't have to do it it himself - A. H. Weiler
Just did a google and found this outfit (in Auckland): http://www.gigacomputers.co.nz/product_info.php?products_id=13734&GigaComp=c15c8fb2b7898169d4a427f2d9afa870
Looks like that would be $75 for the display and $29 for fitting. So... $104 + GST?
Dont know much about them - but maybe worth a look..
----------------------------------------------------------------------------------------------- Nothing is impossible for the man who doesn't have to do it it himself - A. H. Weiler
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