i'm not a fan of paying high prices for the budget instruments of yesteryear. see how much you can knock that price down. if you can get it down to $500, then i say go for it. but IMO, $700 is too much unless you absolutely positively love it above everything else you've ever played ever, and won't sell it. because i'm not convinced they're going to go up in price from where they are now. i could be completely wrong, but that's my opinion.