If you dont need backwards compatibility, I think this is a smoking hot deal on the 40GB.
There are deals with the 60's and 80's pretty often (less lately on the 60's as they are almost gone). Everything for black friday was almost always centered around the 80.
$399 for a PS3, Spiderman 3, $60 game, Blu-Ray Remote, and 5 Blu-Rays by mail is a smoking hot deal, especially if you have it shipped to the store to avoid the shipping costs.
You can always legally (and morally well) return the game and remote as they are billed seperately on the receipt and get back $80-$90 dollars.