I'd say so. I paid $700 in '05. Replaced the Campy Veloce triple with a Centaur compact double. Later, I purchased a used Campy Proton wheelset for $250. The rest of the groupo is Campy Mirage (except for the rear cassette which is Centaur also) which I personally like. The frame is Reparto Corse although I've always been confused as to it's maker. Someone told me it is Dedacciai steel.