I wouldn't consider it as a great deal. With the same amount of money, you can find a brand new camrera with 18-55 mm lense in amazone or ebay. I have found one in amazone, check that out. Below if the link. Good luck, 

 http://www.amazon.com/Canon-T1i-Digital-18-55mm-3-5-5-6/dp/B001XURPQS/ref=sr_1_1?ie=UTF8&qid=1310323385&sr=8-1