CMK Cellphones has listed the Samsung Galaxy Note S II with a price of Php31,500, and that is covered by an official manufacturers warranty. The unit is still listed as coming soon.
That is 3-4K lower than I expected the price to be. Not bad for a 5.5-inch, quad core, stylus equipped, Android powered phone tablet with a amazingly powerful 3100 mAh battery.
I suspect we will see Samsung Galaxy S III prices drop soon (actually at CMK, the price of the S III is already 2K less than before).