Double posting...
It came in today.
The lens wasn't actually a macro lens (its a 'close focus'), but it may as well have been labeled as such. Any 260mm lens I can hold my left hand in front of the lens and manage to get in focus while holding the camera with my right is a keeper.
The images are verrrrry nice and sharp. I haven't had a chance to really get around and use it (I've had it for all of 10 minutes now) but when I get anything worth sharing, I will. For now, here's an overexposed test shot of a pair of standard sized needlenosed pliers at 100% crop just to give an idea of what I managed to get for $8 + shipping here.
EDIT: And here's a shot of one of the irises in the garden reduced to 1024x768. Only cropping was to trim the edges of the image out. This lens is amazing so far, especially for what I paid.