I just (as in two hours ago) picked one up from Best Buy... Note that they offer the same deal... If you get the case and the protector together the cash register automatically brings the price down to $159.99.
I've got mixed feelings about it so far... This definitely adds some bulk and weight to the iPad. I had been using it nearly naked with just the Smart Cover and a zagg leather skin on the back, but this also offers a lot more protection and the water protection is amazing. I'll use it for a few days and see how I feel.