Thanks for the heads-up just ordered mine.
To all the folk who just ordered at £150... under play.com's terms you have the right to return the item within 7 days of delivery unopened, however under the Distance Selling Regulations you have that same right wether unopened or not, this is known as the "cooling off period". It is however much smoother with retailers to return an unopened item so first and foremost DO NOT OPEN IT! ... within 7 (working) days log into your account at play then click "help" at the top right, now look under the third section "help with your order" > click the link "I want to return an item", this will take you to your history from which you can select the item to return. They will give you a Returns Authorisation number/ invoice which you return with the package, never return an item without one of these numbers. If you are having trouble with the automated returns system use email and keep a copy, if all fails write a letter, never try and sort a return on the phone as this is not usually sufficient for the distance selling regs, "but they told me on the phone......" doesn't mean anything.
On Play's website they state that they cannot offer refunds on opened packages unless the goods are faulty, this is nonsense as they are legally bound to do so by the Distance Selling Regulations... and that is 7 working days starting the day after delivery and excluding bank holidays. Again though do not send a package back without a returns number. It will be a slight game of cat and mouse if you have opened the package... they won't want to refund you, indeed they state any such packages will be returned at your expense! but they will be aware they have an obligation to, the key is to make them aware that youre aware they have a legal obligation.
If need be in email point them in the direction of...
http://www.oft.gov.uk/shared_oft/business_leaflets/general/oft913.pdf
Perhaps include a note with the returned package indicating that you are excercising your right to return under these regulations.