iPad is now being sold in the Philippines! ripoff price

Just saw this on sulit, seems like somebody has already shipped iPad here in the Philippines but for a ripoff price.
If you are very eager to get your hands on the new iPad you could buy it here.

Price: ( All Models are Wifi only )

Apple iPad 16GB cost 37500php

Apple iPad 32GB cost 42500php

Apple iPad 64GB cost 50000php

do you think its worth the extra bucks?