1500 is defintiely high, but give the guy a break, i think 900 is definitely too low...
refurbs are selling for 1299 i think for this model on apples website, given this is a little used, and 4 months less on warranty, but it has 1.25 gb ram, and some extras
you shouldnt say his price it outreageous, and give him an outrageous lowball offer...that is just not right