There's a lot about that bike to like:
CroMoly frame for durability and comfort
Rack mounts for commuting
32H wheels also for durability
"Cross-top" levers (not visible in picture, aka "chicken wings") for brake access from the tops of the bars in traffic.
The 2300-level components are bare minimum, probably reliable and a good place to start if you are planning for this to be a N bike while you look for N+1. May not give the most accurate shifting every time.
CL is a great resource, you may well be able to get a better bike (especially an interim bike) used than new. If you want to post some links from your local CL, 'experts' from here will swarm in and give their opinions.