I don't live in Melbourne so didn't want to pay up front for an E-tag that I would hardly ever use.
I found instead I could open an account with Citylink (no cost to do this). So now I just drive anywhere I like and if I happen to go through any of those toll points they look up my rego and a week or two later just take it out of my credit card. The only extra charge over having an E-tag is a rego-spotters fee - about $1.50 for the day I think.
It's great - I've never had to deal with Citylink since.
Citylink website is not so good, cannot purchase, ring 13 26 29 and buy ticket.
Can pay in Victorian Post offices also.
Darryn