The pricing for New Zealand is rumoured to be US$530 + US$150 (shipping & taxes). That's US$680 all up or about NZ$940-ish at today's NZ to US x-rate. Delivered to your door.
That seems like a good deal to me for a 1GHz Android v2.1 phone.
It looks like a Vodafone phone......with UMTS at 900 and 2100 plus the usual quad-band 2.5G frequencies.