Are you sure about Argos - just checked & its flippin well gone up to £355!! Same as other high street retailers.
Is that a UK one? So your upgrading from LGC stock rom?
wierd - as everyone else reported the update being 300MB.....
Anyone with wifi only version got the update to 4.1.1 yet? Mind still says none available.
Prices seem to have shot up this week. I have been watching closely as I was keen to buy and did on Monday; sales guy in CPW said they were selling them cheap last Saturday but had completely sold all their stock as a result. Tesco Direct and the big river had them around £317/8; with CB its not far off your budget.