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Cape Wrath 04 29er is this a good buy for the money

MizterMizter Posts: 21
edited July 2015 in MTB buying advice
Got a chance to buy this new today for £360 is this the best I can get new for this kind of money?, spec as followed:

Key features include:
Claud Butelr Cape Wrath 04 29er
6061 T4 T6 double butted alloy frame with tapered head
RST Omega 29 TNL suspension forks with lockout
Shimano Alivio 27 speed gears with Alivio trigger shifters
Shimano M445 hydraulic disc brakes with Shimano levers
Double wall 36H alloy rims with Q/R hubs
Schwalbe Rapid Rob 29x2.25" tyres
Shimano M521 Octalink 22/32/42T alloy chainset
Shimano 8 speed 11-32T cassette
Exile alloy bars, stem & saddle

gm5xfNS.jpg

How are the fork and gear set up on this like for quality? Im not too clued up on modern mb's and the parts, I know this bike has an rrp of 700 or so, and the cheapest I can see it online is about 500

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