Giant Bowery brand new for £315 - should I?

I don't know why I'm asking you lot. Anyone think I should be careful with my cash and avoid buying _another_ bike?
I can get this on cyclecheme for about £15 a month. That's barely anything. 8) and it looks quite blingy.

Thanks for your advice.
ps I already have a ss bike and four other bikes.
I can get this on cyclecheme for about £15 a month. That's barely anything. 8) and it looks quite blingy.

Thanks for your advice.
ps I already have a ss bike and four other bikes.
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The one in the photo looks to be geared smaller than mine (48x17) as well, but it could be a trick of the camera.
At that price, it's a bit of a steal - mine cost £430.
Bikes: Donhou DSS4 Custom | Condor Italia RC | Gios Megalite | Dolan Preffisio | Giant Bowery '76
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