Microsoft Announces New Surface Details

Surface with Windows RT will initially be available in three SKUs: a 32GB version priced at US$499, a 32GB version bundled with a black Touch Cover priced at US$599, and a 64GB version bundled with a black Touch Cover priced at US$699.

A variety of accessories will also be available, including Touch Covers in five vibrant colors β€” black, white, magenta, cyan and red β€” priced at US$119.99 so customers can express their personal style

In line with what I was expecting. Great price. You pay premium for the differentiator - the Touch cover. So far, so good.