Well, it's pretty much the same as the trex 450 you mentioned. But I think if you buy the whole trex package (including transmitter, batteries, charger) it will also be something like 1200. Good electrics are not cheap. By comparison I could have gotten some kyosho nitro training heli model (500 size) for around the same price. Nitro is just not an option for me right now.
But yeah...now on the only thing left is to assemble it