one of my machines is a singer ingenuity 7436 that performs quite adequately. my only complaint is that it's so poorly lit. it's otherwise a good machine for the price i paid.
i looked at the features and accessory lists for the 7430 at the singer website. it includes none of the special features that come in most handy while working on quilts. (needle up/down is the one i miss most when using my own singer. also doesn't offer adjustable foot pressure.) it doesn't include any of the feet that are most useful in quilting, either. unless the "great price" is no more than $200, i think you should keep looking.