I know it's the new look PS3, and only 12GB… but this bundle seems cheap to me at half the RRP.
Hope it helps.
Also, 500GB PS3 bundle (2 games + 2 controllers) at $399 starting 24-Apr. Details in the catalogue: http://target.dynamiccatalogue.com.au/offer/ps3-consoles/500...
Edit: 12GB bundle sold out online after 30 minutes! Guess they only had a few units at that price (it was just updated around midnight).
Edit: Deal is also on in store.