So after the Playstation press con 2 days ago where they showed its true potential, I finally caved in to the fanboy in me and hunted for the best deal on a Vita.
Seems like this deal was currently the best among B&M stores [http://www.ozbargain.com.au/node/92725] so I took a short drive to Seven Hills. It was not advertised in store so I had to ask them to check it online. I then tried to bundle it with a 16GB card and asked for a discount ~$10, albeit wee. The ozbargainer in me asked for a screen protector as a throw-in but, alas, no stock so I settled for a screen wipes. To my surprise, the rep handed me the LBP bundle with a 4GB card.
Not sure if this is just an error on the rep's part (seems like it) but I just thought I'd share it with the community as a price-match opportunity.
Not at bad price for local stock. I paid roughly $195 for the assassins creed 4GB bundle and roughly $60 - $70 for the 16GB memory card from Superufo. So to walk in and pick it up, not bad!