That's a good deal. I paid over $200 for mine a few years back, and it was worth the money. Painting it is a great idea. I took mine apart and painted the inside of the receiver. Since buying it I have put in a new hopup and a tight bore barrel. Have had no problems with it. When you get serious about playing you will want to get a better weapon, but for casual play it should serve you well.
Nothing says loving, like a head shot!