No...that price is fantastic for one of the best LCDs on the market. If you are in the market. I've got the 2001fp which is similar, but is not widescreen and I think mine has a 16ms response time while that one has a 12 (lower is better). Mine was one of the first LCDs with a fast enough response time for games. It is a wonderful monitor.
Jump on that deal (unfortunately a couple of days ago you could have got it for less than $400. At the very least jump on EBAY and do a search for "Dell Big Bucks". You can buy a $30 off $300 coupon code for $3. I did it two days ago to buy a Dell Axim for my wife's graduation present.