I was looking to buy this model too. I was in Singapore and looking for an unlocked version without contract and so far Apple store was putting it at SGD 1088 only.
From the conversion rate to US$ do you think its cheap if I were to buy in Singapore?
I saw a site selling same model for US$814.90?
http://latestiphoneprice.com/web/categoryproducts.asp?CategoryTypeID=10