Yeah, about 4 years ago... Lol, no just kidding, it's not all bad and actually a pretty good deal for that price still, but processor and graphics card really aren't very fast. AMD has been beaten bad by the latest Intel Core 2 Duos and Quads stuff and frankly there are better graphics cards than the 8500 for (relatively; as in best bang for bucks) less money!

Only thing you can't beat is the total price of only 299$ I guess, but as you'd be buying outdated hardware I wouldn't jump at it.
(I doubt it would run Crysis, Supreme Commander or any of the newer games, in fact I'm pretty sure it won't.)