I agree that the UK and Europe pricing is outrageous, I am shocked and disappointed as I was hoping to get one to go with my MBP 15" but this is now not a sensible option. I guess though it remains to be seen how many they sell at this price level.
As a new 27" imac starts at £1399 the maths seems to be:
Display costs £899 + Magic Mouse £56 + Wireless Keyboard £56 = £1011
£1399 minus £1011 = £388. So does this mean that the rest of the computer in an iMac is only worth £388...!
I think that Apple are charging a huge premium for a stand alone display compared to it's component price as part of an all in one iMac, so maybe they are not seeing it as a big seller, just for those who absolutely have to keep to the Apple brand on their desk.
Not that I am criticising the display itself, it is gorgeous and I would love to have one sitting on my desk... just too expensive in the UK for me.