Yeah I've heard similar things.
Ended up going with Turtle Beach Stealth 450. $172 incl GST, not bad.
Sound is just as nice, if not better. Range is better. Build quality maybe not quite as sleek "feel" in the hand, but feel on the head is even nicer!

... And I can use the Mic at the same time and it doesn't sound the speakers have been flushed down the toilet!