Today the Xbox 360 arrived in Australia, yes several months after most of the world. I picked mine up from our local GameTraders at about 12:03am this morning we have been playing it all day. (As it is school holiday here I took the day off.) Very impressive.
Just waiting on the wireless network adapter so it can connect to the hone network. Once it is all networked we can begin getting into Xbox Live.
The only down side of all of this is we now need a HD TV.