Yep, over on MacRumors and also posted on here
http://macdailynews.com/index.php/weblog/comments/15236/
In some universities, if you go to Apple's Online education page, the $US69 price is showing also because the IP is being detected as being from inside the university.
These features clearly don't exist in NZ. And no universities (are selling Leopard at any sort of price comparitive to the US "real" education discount).
I think the best bet will be at Studentit.co.nz unless Renaissance get a bit greedy.
If I recall correctly, users on MacRumors from the US, Canada and England have come across this. Haven't heard anything about Aus.