I'm thinking it will be priced at around R6k, but knowing moto, this will cause a spin off, and seeing their history, they'll drop the price, and release different flavours. So If this hunk of gorgeous engineering is over your budget, I seriously would worry about it because in a few months they will release a newer version, which will be spec'd in a similar way, but cost less and come stock with a new version of andriod.
Either way, I think this phone is better than the GS2, and seems to compete with the new Nexus in a way... which is interesting. Either way, looks like Moto have fast become the fashion designers of the industry (SE does have good looking phones, but they don't have that edgy look that really makes something standout... besides, all the SE phones can't compete in terms of specs, which is never an attractive thing (it's like having a really hot girlfriend/boyfriend, but she's too stupid to speak to..))
+1 for Motorola, they seem to have pulled themselves out of a rut, much like Samsung did with their first Galaxy phone...