unless you know how to properly assemble a bike on your own, this is not a deal. Not to mention there is only one size availabl, xl, which would only fit a small percentage of the US population.
Assembly is easy. I bought this the last time they had it. All you need to do is screw on the pedals and handle bars. The seat and front wheel snaps on. 15 minutes tops.
If this fits you it is a great deal. It is usually $500 at the mother ship.