Yes, and holy crap...$15??? That is a steal for last year's Ultegra bb. The only caveat is that the crankset must be the newer (not so new anymore) type where the drive side chain rings and the axle are one piece. Like in this picture. By the way...for a budget compact crankset, the FC-R600 and 700 are great deals. They have both at BikeWagon and they come with the bottom bracket. I forget why the chainrings don't conform to the standard Shimano naming conventions but have read that the 600 is of 105 level and the 700 is ultegra level.

I notice that the 600 only comes in a 175mm length at BikeWagon.