iPhone price announced. WHAAA???????

iPhone. 3G. Vodafone. 8GB - Rs. 31000, 16GB - Rs. 361000. What the hell??? Is Apple / Vodafone mad?? (They probably are..) Now, I have been seriously been waiting for the iPhone for over 6 months, but I might even just reconsider my decision. I mean, even without the subsidy (i.e. carrier unlocked), the iPhone is not expected to cost more than $600 (Rs. 24000) and now, they are charging over $800 WITH a carrier contract! This is SO unfair! SIOOMA to you Apple!!!!!!