Call of Duty Black Ops Dolby Surround Gaming Headset (PS3/Xbox 360) - €80 delivered

Basq

Buy at The Hut

While they might seem expensive, they are apparently the "mutts nutts"!

Fantastic price for this and excellent reviews too.

Elsewhere:-

Game - €120 delivered
Amazon.co.uk - €118 delivered
eXpansys €160 delivered

Customer reviews HERE and HERE
IGN review HERE (bear in mind that this is based on the $249.99 selling price)

Call of Duty®: Black Ops Dolby Headphone Gaming Headset for Xbox 360® and PlayStation®3 Powered by TRITTON™

Experience the covert operations of the Cold War like never before with Call of Duty®: Black Ops, the latest in the runaway hit gaming series, Call of Duty®. With the Mad Catz' exclusive line of Call of Duty®: Black Ops gaming accessories, you can stealthily defeat the enemy in this action packed first person shooter!

Utilizing Dolby Headphone technology to provide Virtual 5.1 surround sound, the Call of Duty®: Black Ops Dolby Headphone ProGaming Headset thrusts you upon the frontline of military gaming. Funneling the Dolby Digital signal through high-fidelity speakers, you can mark your enemies' location long before they sense your presence. Optimized for transmissions over Xbox LIVE and the PlayStation Network, the detachable flexible microphone broadcasts crystal-clear voice commands to your squadron. Braided cabling, ruggedized design, and a durable carry case help ensure your headset can withstand the most demanding missions. With gold-plated connectors to enhance acoustics, plus individual chat and game volume controls, the Call of Duty®: Black Ops Dolby Headphone ProGaming Headset provides the tools required to annihilate any foe foolish enough to hinder your covert operations.

Features:
Immersive 3D directional audio using Dolby Headphone Surround Sound
Limited Edition Black Ops Ruggedized Hard Case, braided cables and gold-plated connectors
Performance tuned for Xbox LIVE and Playstation Network Voice Communication
Independent chat and game volume controls
Breakaway In-line audio controller with 12ft (3.7m) cable
Detachable Flexible Microphone with Mute
Digital Optical Input
Precision-balanced audio drivers
Includes interchangeable earpads and headrail pads

Removable and Flexible Microphone
The removable and flexible microphone provides crystal clear communications. Keep in contact with your clan as you dominate at Team Deathmatch or any other game mode.

Convenient Inline Audio Controller
The inline audio controller with 'break away' safety feature allows complete control over the audio environment. Individually adjust the game volume and voice chat volume levels. A microphone mute switch provides convenient voice muting, right at your fingertips.

The Dolby Digital 5.1 Decoder box
The Dolby Digital 5.1 Decoder box is the heart of the Call of Duty®: Black Ops Dolby Headphone ProGaming Headset. Using Dolby Headphone technology, it creates an immersive 3D surround sound environment. It features a digital optical input, two headset outputs, and options to customize the audio experience.

(from HUKD)

patch

Just a heads up, the ign review is not the same 5.1 headset.
This one is based off the tritton 720's with virtual surround as opposed to true 5.1
Still a great bargain though.