Singemonkey's thread is required reading ? :
http://www.guitarforum.co.za/guitar-gear/buying-your-first-gear-the-smart-way-the-singemonkey-approach/
For +/- R1500 new, I reckon it's a pretty good deal. Tough to imagine what else I'd choose new at that price?
At this price point fit and finish will likely vary guitar to guitar, so one might play nice out of the box, another one may well need a setup. The reviews I read recommended a set of new strings, some people needed a setup to cure fret buzz and some swopped out the pickup.