I reckon you'd get it for $399, for sure.. Tell him you visited this forum and noticed some other members got them recently.
Reflectors give you more bang for your buck.. refractors are more of a specialist scope, or a smaller grab'n'go scope.. they are quite expensive for good quality, or they're cheap and nasty - in which case you should stay away from them.
The $399 deal is the best you'll get for the price anywhere at the moment. You get a good quality scope and 4 eyepieces - enough to last you until you save up for more eyepieces, a barlow lens, other accessories..
Just beware, this can be an addictive expensive hobby if you let it!