It is not a good deal. It is low quality and as AT eluded to it will be so horribly unbalanced (front heavy) it will hinder maneuverability.
You're best bet, at that budget, is going to be a S&W Sport. Also look at PSA.
“The bitterness of poor quality Lingers long after The sweetness of low price is forgotten.”
Originally Posted by Quentin
"The biggest issue with assembling an AR isn't so much getting the parts together right - it's getting the right parts together."