Is this a good buy? Price $1099.99?

its a good buy.. but you could opt for a better processor and a faster RAM (800MHz).. like the T7250 or a faster one(check out the Intel website)... the processor you have is T5550 (i think).. The only thing is that the processor you are having MIGHT not be able to give you a good gaming experience with windows vista installed... but on XP... it will rock.!