Hey guys, first deal here on OZB. With the AUD weakening I managed to find a reasonable deal on this device. Comes in yellow too if that tickles your fancy. I've been using one as my daily for a while now and it's going pretty well, but one thing you must consider with these devices is that the stock software is truly terrible - flashing a decent ROM is pretty much mandatory, unless you enjoy intrusive ad-ware.
I spent 20+ hours trying various ROMs and finally settled on the ROW (rest of world) ROM for the Indian market. Download and flash the stock ROM using SP Flashtool, and do the OTA updates. Everything works pretty well and it's pretty snappy. You can read about it here: https://www.reddit.com/r/lenovok3note/wiki/stockroms
Once you're on the latest S121 version, delete all the bloatware. If you want to take things further, you can flash TWRP, which will then allow you to get root by flashing SuperSU. Xposed works on this ROM and I so does Viper4Android (I think).
There are other ROMs if you are adventurous - check out the thread on Whirlpool or OCAU. A lot of them have bugs though, so watch out.
I think this is regular price everywhere now.