Merlin Malt - Spec worth a look - Advice - OK for racing ?

Looking around for a sub £500 bike and came across this is Merlin Sale section,
Merlin Malt 1 7005 Aluminium frame
08 Rock shox Dart 2 forks with lockout
08 LX V-Brakes
08 Full LX Groupset
08 Deore chainset and bottom bracket
Deore hubs with Mavic 117 rims
FSA bars, stem and seatpost
All of the above for just £375! YES £375!! I am not too worried about Disc brakes as i would prefer the LX V's with koolstops to save a bit of weight.
Other than that looks like a superb bargain to get me back into FUN/ SPORT XC Races and Trail centre riding!!
Anyone disagree ?
Merlin Malt 1 7005 Aluminium frame
08 Rock shox Dart 2 forks with lockout
08 LX V-Brakes
08 Full LX Groupset
08 Deore chainset and bottom bracket
Deore hubs with Mavic 117 rims
FSA bars, stem and seatpost
All of the above for just £375! YES £375!! I am not too worried about Disc brakes as i would prefer the LX V's with koolstops to save a bit of weight.
Other than that looks like a superb bargain to get me back into FUN/ SPORT XC Races and Trail centre riding!!
Anyone disagree ?
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any MTB built for XC/AM will be useable in a race, sure it wont be as fast as a super carbon framed, full XTR rig sporting some nice RS SID/Fox forks but as long as you ride it well and your fitness + skill is up to scratch you will do well.
Last race I was at somone was riding a standard Giant rincon trail.
Merlin single malt fixie (Commuter/winter/training)
Trek superfly 7 (Summer XC)
Giant Yukon singlespeed conversion (winter MTB/Ice/snow)
Carrera virtuoso - RIP
*INSERT SOMETHING WITTY HERE*</center>
VOODOO CANZO
Come and see me at https://www.facebook.com/biketyke/
Remember, the faster you are going in a race, the faster you will need to stop. I dont think v-brakes can cut it in a wet, muddy race.
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VOODOO CANZO
Come and see me at https://www.facebook.com/biketyke/
I would have been off the track in no time with v's.
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<font size="1"> Streakos Full Susser </font id="size1">
VOODOO CANZO
Come and see me at https://www.facebook.com/biketyke/