Definitely sounds like a VERY GOOD DEAL on the machine provided it's in good working order.
I have a Bernina 440 QE and I paid a wholeeeee lot more then that for it. I took the plunge a few years ago because right before tax time Bernina ran a special where they waived taxes AND threw in your choice of the embroidery module or a Bernina Serger. I went for the embroidery module.
Love this machine too aborning!