Diamondback Overdrive 27.5" Mountain Bike

[Preview 1]

Diamondback Overdrive 27.5" Mountain Bike
Price: $299.99
Shipping Options:: $5 Standard
Shipping Estimates: Ships in 1-2 business days (Wednesday, Dec 30 to Thursday, Dec 31) + transit
Condition: New

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Previous Similar Sales (May not be exact model)
12/22/2015 - $299.99 - Click To See Discussion (9 comments)

12/9/2015 - $299.99 (Woot Plus)

I would say that this is a decent price for a decent bike. According to REI, the weight is 32 pounds, which is on the heavy side. For a little more money, you could shave about a third to a quarter off that.
The components are not high end, but acceptable. The derailleurs are fine - for Shimano mtb, the ranking (and price) goes as follows:

  1. Tourney (cheapest but definitely okay)
  2. Altus
  3. Acera
  4. Alivio
  5. Deore
    6-10. SLX, Zee, XT, XTR…
    Bottom line: for $300, you are probably not going to do much better.