Is this a good deal on a 2008 MacPro?

Hello,
I've got an offer from someone on his used MacPro, and would like people's opinion on if this deal is too good to pass up, or if waiting for a new MacBook Pro to come out is more worthwhile...I will be doing photo and video editing with the machine, I initially wanted to wait for the new refresh of MacBook Pro, but this deal came to me so I need to decide if waiting is a better option or getting this hard to pass on deal...here is what is being offered...
$3300 for both PC and Monitor with Snow Leopard installed:
MacPro3,1
Processor: 8 Cores - 2 X 2.8 GHz Quad Core Intel Xeons
RAM: 16GB
Video: NVIDIA GeForce 8800 GT
Display: Apple 30" Cinema Display - NO dead pixels
Hard Disks:
128 G.Skill Falcon SSD for the system drive
2 X 1TB HDD for storage
Added extra: Apple Magic Mouse, Wireless Keyboard
So my decision is to buy this one now for $3300 or wait for a new 17" MBP with the new processors, if that is announced soon? What would you do? Again, main use will be photo and video editing (not Hollywood films, just home movie stuff).
Thanks for your thoughts.

Ok, well they have this for $3999
Refurbished Mac Pro 2.66GHz 8-Core Intel Xeon
Two 2.66GHz Quad-Core Intel Xeon "Nehalem" processors
6GB (6x1GB) of 1066MHz DDR3 ECC memory
640GB Serial ATA 3Gb/s 7200 rpm
18x SuperDrive (DVD±R DL/DVD±RW/CD-RW)
NVIDIA GeForce GT 120 with 512MB GDDR3 memory
The one I'm looking at is a 2.8GHz 8-Core with 16GB RAM and the 30" monitor, for $3300...I guess its a good deal by Apple standards then?

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