You get what you pay for. Just don't expect much. I would assume that prolonged periods of riding on that bike will really feel like crap though.

Based on the shipping weight, I assume it'll be heavy as hell. Shipping weight is 40.4 lbs.

Oh and it... kind of looks like an eyesore. Might just be me though.

EDIT: But if all you are doing is riding it from point A to point B on campus or w/e. Go for it.