Cool, is it easy to modify?
Yeah, pretty easy. I actually bought the mod for $79 here: http://www.bluraychip.dk/ - I like the simplicity of the mod and how easy it is to switch regions.
My only problem was that my hands were a little too big, so sliding the ribbon cable into the mod took longer than expected. Overall, the installation probably took me 5 minutes.
If you have anymore questions feel free to post it or give me a PM.