is this worth getting? or is it crap

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Came across this. Might be able to talk him down a bit, but is it worth picking up?  http://chattanooga.craigslist.org/tls/2867661962.html
Reply:"It's 300 Amp. output & requires 240 V., 1 ph., 60 cy. on a 30 amp circuit"That just doesn't add up.  The price doesn't seem bad to me, but I'm assuming Airco is a rebranded Miller or Lincoln.  I could be wrong and I'm sure somebody will be along to correct me.My name's not Jim....
Reply:i think that exact machine may be the one being discussed in this thread...http://weldingweb.com/vbb/showthread.php?t=91481.No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we'll ever see on this earth! Ronald Reagan