Not sure whether to post this as a deal so figured would post it here.
Put short, dx just released these external hard drives:
http://www.dealextreme.com/details.dx/sku.46984
http://www.dealextreme.com/details.dx/sku.46983
They're 'genuine' in that the actual hard drive in them is from WD, but not the enclosure, packaging or cables. With free postage, these make a fairly nice deal. Being from dx, it takes agess to get here so I personally would prefer to buy from Aus, particularly with the warranty concerns.
And if you're unhappy with what you get, you can always throw one of these through their warehouse windows =P
Don't know if the hard drive will be 'genuine'- remember, this is DX we are talking about here. The packaging and enclosure are definitely fake.
Smoke grenade would be cool if it was real!