I got a CE-200 (same machine, just included the software with it) a little over a year ago. I LOVE IT. I didn't have to buy a separate box to get my designs from the computer to the machine. The only potential negative is that the computer needs to be close enough to connect to the machine.
I would say it is well worth the $400. It's a great all-around machine. I have used it often with the embroidery foot to do meandering quilting on placemats. :wink: