Good Deal for Macbook 2007?

A friend of mine is selling me his 2007 white macbook. I'm not too familiar with macbooks, so I wanted to get an idea if its worth $500. Here are the specs:
13 inch white macbook
intel core 2 duo
2.13 ghz
320 gb hard drive
1.5 gb ram
running os x 10.6 snow leopard
price : $500
Is this a good deal? Thank you guys so much for the help

Legally, in order to run the Mac OS on any Apple computer, the owner of the computer must also have the corresponding discs for that machine. All Apple computers come with 2 installation DVDs (except for the recent MacBook Airs, which have the OS on a USB stick) which are machine-specific and cannot be used with another Mac. The 2007 MacBook would have had Tiger or Leopard installed originally and then would have been upgraded to Snow Leopard.
If you have further questions or need more clarification, let me know!
~Lyssa

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