For that price? No way. I paid 12072JPY ($127.35) for mine, and that's the Amazon Exclusive with the extra Energon Cubes. I personally wouldn't pay over $130 for MP13... if you can't find a cheaper one, I'd just wait for a Hasbro release. I would be quite surprised if Hasbro didn't do it. As someone else (I think it was Paulbot) pointed out on another thread, Hasbro has released every main Masterpiece mould-character that Takara[TOMY] have ever released (except for special variants and Megatron for legal reasons).
I sometimes get the Japanese version of MPs, but other times I skip them and hope for a Hasbro version. It all depends on whether or not you feel that you "must" have this toy. For me Soundwave is a "must," so I've bitten the bullet and gotten the more expensive TakaraTOMY version. But Red Alert isn't a "must" for me, so I'm skipping him and hoping for a local Hasbro release in the future. I'm still undecided about Prowl, Smokescreen and Bluestreak. :/
The Hasbro versions usually don't look as nice as TakaraTOMY's - but especially with recent releases, they are much cheaper. e.g. Hasbro's recent MP Optimus Prime was nearly
half the price of TakTOM's RRP! (and that's not even including shipping)

So yeah... if you feel that you "must" have this toy, try to find it cheaper and consider getting the Japanese version. But if you're not feeling that "burning desire," then I'd wait for the Hasbro version.
Edit: Looks like Hasbro
WILL be releasing a local version here around September. My guess is that it will be an imported TakaraTOMY version (given the incredibly short time frame between the JP release - Hasbro usually releases their version about a year later)
http://otca.com.au/boards/showpost.p...4&postcount=26