It’s a bit more than if you were to build it yourself but I think the processor & video card are on the lower end. You won’t have as long of a service life compared to a machine with higher end components. You’ll probably be looking to upgrade again in 2-3 years where as if you build a nicer machine and pay a few hundred more you can extend that to maybe 4-5 years. Plus you don’t get a DVD burner. 2gigs of memory is nice though.
However those monitors are the shit. I bought two of them for $300 a piece shipped off Ebay in June (dual 22’s rock). Then my friend bought two 24’s just to spite me.