Thanks folks for replying.
I have managed to visit Nex and picked up a game or two.
Cannot believe the price though - they are insanely high! I'll never complain again about prices in the UK. Even with me being able to claim the 24% VAT/Sales Tax back it is still more expensive than the UK!
How does anyone in Iceland afford to game?
Believe it or not, the prices have gotten a lot better over the past year.