If you need one now and not a little later sure. Otherwise look for something better. Personally I always get mine from Amazon Warehouse but if you don't want to do that there's also the option of Gamestops bundle that comes with the Sly Collection, Gran Turismo 5 XL, and a 30 day PS+ pass.
There's definitely been better deals out there though.
Edit: looking at the Warehouse there's some decent deals at the moment but nothing amazing. A few "very good" condition 320GB PS3s for $214.xx - $217.xx. That's ok but they have had the Uncharted 3 bundles for around that price at times (you have to get pretty lucky or constantly watch for them if you want that).
Also, if you can wait until Black Friday there will of course be some killer deals.