eBay and Craigslist finds

anyone know if this is a decent frame?
http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=230483628924&ssPageName=STRK:MEWAX:IT#ht_500wt_1009

Allow me to google that for you.

Raleigh Grand Prix.

     Upgraded wheels (high flange hubs), brakes (hooded, with  carlton hoods),            and gears (simplex or another changer with good  price/performance.)            27" wheels for economy and a plush ride. Made by Gazelle of  Holland            (today's Gazelles have little gazelles on the red nuts.)