I bought an 07 1500 today for $650 so that is definitely a pretty good deal - IF the bike fits you. IF it is not your size; it is not a good deal. 2007 was when Shimano switch Ultegra to 10 speeds; so a lot of 1500's came out with a mixture of 105 & Ultegra (although the seller didn't mention it).

One thing I love about it - when you see a bike still with the reflectors on it (on the wheels); because you know that thing has not been ridden hard.