Yea, that bike pretty much sucks.
[side note: pics? I'd like to see that one on the 'Rigs thread!]
Seriously though, I'm the last one to discriminate against a bike based on the name it bears (my only assembled bike is an old Gary Fisher...bikes that are similar to VW's in terms of reliability). All I ever said was that x-mart level Mongooses are cheap bikes. If you could get a good mountain bike for $200, more people would buy those bikes. But they don't, because they're cheaply made. The trails I ride share the property with a petting zoo & summer camp--very recreational--& I still rarely see anything under the $300 price mark at the trail head. That's because people who mountain bike buy mountain bikes.