It's a pretty good price, but be prepared to do a lot of work on it before you have a sort of usable tool. All of the machined surfaces on mine were very rough with burrs and gouges. One of the gibs looks like it has been sitting in salt water for years, it is so heavily corroded and pitted. The lead screws have a lot of slop and tend to move around when drilling. After using it a bit, one of the crank handles fell off. It appears to have been peened on and failed under use.
After spending a lot of time rebuilding it, which I expect and sort of enjoy, I have a tool that every drill press owner should have. However, I will be looking for a higher quality vice to replace this one. I expect there to be quality trade-offs at this price with import tools, but this one has too many quality issues to be a satisfactory purchase.