The price by itself is pretty good, but if you are have a lot of Shoppers Optimum Points, the deal can get substantially better. If you redeem 75,000 points, you can get the netbook for $89.99. Additionally, on Saturday April 17th you will earn 20x the points on purchases over $50, so you will recover a lot of points on whatever portion of the netbook price you end up paying out of pocket.
Many people will be after this deal, so your best bet is to shop early and call first to confirm stock. For some community opinions on how to best spend your points here, check the original thread about this offer in our hot deals forum.