World of Warcraft in Malaysia

Saw the game today for sale in a local shop. RM269 — original software. Hefty price, but well worth it for a Warcraft-genre game. I was wondering though before i take the plunge and buy the game:
1. I was told the game for sale will connect me to the US servers. I read somewhere that iGamesAsia Pte Ltd of Singapore will host South East Asian Warcraft gamers. Anyone knows what really happens here?
2. If connecting to US servers, is the game lag-gy? Is it fun?
3. Anything else i should know about playing WoW from Malaysia?
UPDATE: This is nuts! Play money being sold for REAL MONEY?? WOW!

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