I dunno, that seems like a really good price for it but when I was tossing up between it and the 3ds a month ago or looked like there were only a couple of good games for it that didn't have superior versions on PS3. The 3ds, at least at the moment, has a comparatively large library of new games, has more titles I'm interested in that have been announced and cost about $150 less so my choice was pretty easy.
I guess ultimately it depends on how much you want to play Uncharted, Gravity Rush and the Assassins Creed 3 side game.