For that price you can't go too far wrong so long as it's in good shape.
If it's really in the original packaging I'd say you best jump on it before it disappears.
I have a six speed Lespo Soltar (I've never heard of it before either) that I got for $75 and it's a blast to ride and it gives me one more bike to tinker with.
With the smaller wheels and all it's freakishly responsive so be careful making sudden movements.
