I reported back at CES that the Spring Design Alex was going to be sold in China by Hanvon and I then confirmed this back at the beginning of May. Now I can tell you the price. Zol.com are reporting that the Hanvon T61 is on sale now for 3580 Yuan. Are they nuts?
This ereader (like most) is made in China. You can get an authentic high quality knockoff for probably less than $200. Why would anyone pay $520? Heck, I don't even think it's worth $400(the US price).