That is a good deal. I just purchased a T-2000 coin op off a local Spicy's resturant for $550. I probably could have gotten him down another 50 bucks, but I wanted it too bad.
I also had to replace one of the rods, half the nuts and a few of the bearings on it, but I just had to drive up the street with my pickup and take it home.
Luckily it cleaned up beautifully and looks and plays like new
I liked the way the coin op works, so I opened it up and put the only two black plugs in place so that 4 of the 5 coins were plugged and I removed the tumbler that corresponded to the remaining coin hole so it doesn't require any coins.
Then I called the manufacturer of the coin mechanism and they are sending me another black plug as a courtesy so that I can put the tumbler back in an no one will think it requires a coin.