The 2007 is indeed quite a step down, the wheels and tubing aren't nearly as nice at they used to be. $750 is closer to what it should cost than the sticker price, but everything I'd compare it to would be closer to $600-650 (surly steamroller, raleigh rush hour, IRO angus, etc...) and would be hands-down better on at least one major component.* If it will make you smile to have a matching stable it's not a terrible bike, but for $750 any of those bikes with the fork swapped out for budget-level carbon would be a way better value.
*somewhat arguable since the lemond does have an outboard BB crank, but it's truvativ gxp (gross) and outboard bearings on a frame like this are almost certainly a waste.