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@tokyofixedgear
Frame prices have gone right up in Tokyo but deals are still possible. Don't expect to find anything at Jan, Blue lug, Kalavinka, Dept, Sexton and so on. They all amazing shops and well worth a visit but their frames are expensive. Punch can be good and if you do your research there are a few other builders and smaller shops over that end of Tokyo. Also visit MRC in Harajuku, its a small clothing shop but there are often frame kicking about.While in Harajuku give Hip Hip Shake a go, they specialise in Italian frame but you might find something, serious porn none the less.
Can't stress though that these days a great deal is all about being lucky and doing a bit of networking while your there. Oh ye, if you can, get on Yahoo auction Japan. If you can time your buy to when your in the country you WILL get a deal. Thats where the keirin riders sell their frames these days. Also you should visiti as many Tokyo builders as possible. AMazing places and deals are not unheard of.