Overall, for the price if you feel comfortable with it then buy it. The only current drawback is the RAM installed is only 3 GB, however, that motherboard will support 16 GB which you will much appreciate once you place a 64 bit OS on the thing. The past few days I have completely refurbished my wife's old system that died. New motherboard and 32 GB of RAM installed with Windows 7. I used 4 sticks of 8 GB each. You have 4 slots so I would stuff them with 4 GB sticks and use all four slots. Overall I would pop the $400 and add RAM and be done with it.
On a side note I gave her new hard drives and still need to retrieve some data off her old drives. There is a pair of WD 320 GB Caviar drives that were in a RAID1 array and another pair of Seagate 200 GB drives also previously RAID1. Once I get her stuff off them and moved if you have any use for them (like for storage) they are yours for the asking. I have been tossing all the old PC junk around here and the last thing I need is more stuff. The board you are looking at has 8 x SATA 3Gb/s connectors so if the case has the space you may have use for the 320 GB drives I have. I have been trashing stuff left and right.
Ron