That strikes me as a pretty good deal, that jointer will likely serve you well for a lifetime. A friend of mine has that model, and he upgraded it to a spiral head (the Grizzly version, I think). He (and I) was wondering if the 1.5 HP motor would be up to it, and it works like a champ. I'm thinking he may have overestimated the weight a little, my 8" Jet is closer to 400#, but you still need help to move it. One other thing, it has levers instead of handwheels. I prefer the handwheels, but in truth I change the setting on my jointer so seldom that to me it wouldn't really make much difference.