Not a good price. Costco sells the exact TV for $199.99 non-refurbished and free shipping, so you get the full 1yr warranty vs the 90 day on this one.
Only if you have a membership. It is a member only item. I can’t even see the actual price of the item at Costco because I don’t have a membership, but if it is really $199.99, I’d have to add in the cost of membership at $55, which would make the cost of the new TV $75 more than the refurb. Granted, it would still be new, and have a 1 year warranty (and looks like a 2nd year is available, but I don’t know how much that would be).