The apple store is down, but you should be able to pick up a refurbished MBP for not much more than that. I've never heard a single complaint about Apple refurbs, and they sell a lot of them.

It's not an inherently bad deal though, the last revision of macbook pros (penryn) were generally considered to perform about the same as the previous revision (santa rosa). Penryn has been around for ~190 days, which is about average. You'd be missing out on a graphics card update, and maybe some battery life.