hi there to be honest it's quite vague at present, is only coming in in 2009. but yes, certain equipment is definitely included in the offer. At the moment the list includes - new bikes (bought anywhere doens't have to be in Ireland) and the following up the value of €1000. Helmets, bulbs, horns, lights, mudguards, cycle clips, luggage carriers / panniers, locks and chains, pumps, repair kits, refelective clothing
There is one thing though to note - this "token" can only be used once every 5 years by the person, so regardless of whether you spend €100 or €1000 thats it for the next 5 years.
From what I'm seeing though - could get a new bike (@ 60% of the price) which is probably as cheap as a 2nd hand one yknow?
But yes - either way I can get my gear @ 60% of price too yes.