I have the absolute 4.0. I like it. Good commuter. Not a race bike but for the price range it works well. Good starter bike for someone not sure if they want to pour a lot of money into a bike. I have learned a lot about bikes without destroying a more expensive bike. I will probably get a nicer bike one of these days but I do not regret getting this one. Have almost 6000 miles on it in 3 years. Daily commute have served me well.
Negotiate that price though. Compare to other 3.0's. Be sure it is your size.