Bikesdirect has this Legacy Pro with full ultegra for ~$1100. Sound like a deal?
http://www.bikesdirect.com/products/.../legacypro.htm
I bought my 2003 Jamis Comet with full ultegra for $1400, but it had Kyserium Elite wheels on it ($550) and this Motobecane only has base level wheels. So that pretty much makes it a wash; you're not saving anything.
Not to mention that the Jamis had current 'for the time' 9 speed not 9 speed in a 10 speed market.