ASUS Desktop PC Intel i7 4770S (3.10GHz) 8GB DDR3 1TB HDD Windows 8 - $569 after rebate

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Does this sound like a good deal?  Cost is $569 after $50 rebate ($9.99 standard shipping)ASUS M11AD-US012S Desktop PC Intel Core i7 4770S (3.10GHz) 8GB DDR3 1TB HDD Windows 8
Here are the speds:
Model  M11AD-US012S
Processor  Intel Core i7-4770S 3.1GHz
Processor Main Features  64 bit Quad-Core Processor
Cache Per Processor  8MB L3 Cache
Memory  8GB DDR3 1600
Hard Drive  1TB SATA 7200RPM
Optical Drive  24x DVD-RW
Graphics  Intel HD Graphics 4600
Ethernet  Gigabit Ethernet
Power Supply  300W
Operating System  Windows 8Motherboard
Chipset  Intel H81CPU
CPU Type  Intel Core i7
CPU Speed  4770S (3.10GHz)
L3 Cache Per CPU  8MB
CPU Main Features  64 bit Quad-Core Processor
Max Turbo Frequency 3.9GHzGraphics
GPU/VGA Type  Intel HD Graphics 4600
Graphics Interface  Integrated videoMemory
Memory Capacity  8GB DDR3
Memory Speed  DDR3 1600
Memory Spec  8GB x 1
Memory Slot (Total)  2Hard Drive
HDD Interface  SATA
HDD RPM  7200rpm
HDD Spec  Secure 3 years 32GB cloud storageOptical Drive
Optical Drive Type  24x DVD-RWAudio
Audio Channels  6 channelsCommunications
LAN Speed  10/100/1000MbpsFront Panel Ports
Front USB  2 x USB 2.0
Front Audio Ports  2
Card Reader6-in-1 Card Reader
Back Panel Ports
Video Ports  1 VGA, 1 HDMI
Rear USB  2 x USB 3.0;  4 x USB 2.0
RJ451 port
Rear Audio Ports  6 portsExpansion
PCI Slots (Available/Total)  2 PCI-e x1
1 PCI-e

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I'm certainly no expert but I have been looking for a desktop replacement for quite a while now-deals are few and far between. This seems pretty good-decent expandability, which I like. But a couple of caveats from reading the reviews at Newegg and Amazon:
-most importantly, at least one Amazon reviewer says it doesn't have the claimed latest generation i7 but rather a third generation cpu and slower than advertised (3.1 Ghz rather than claimed 3.4)
-several users said poorish build quality-at least two had defective on/off switches
-personally I despise Newegg's rebate procedures-read the stuff carefully and be prepared to have the process be made as difficult as possible (but maybe Staples has spoiled me).
-odds are the power supply will need to be replaced and memory expanded if you do any upgrading at all. Both are relatively easy to but an additional expense.

Still I may jump on this. The days of a decent $400 desktop seem to be gone forever.

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