It doesn't look half bad. But then again, you could find a used kayak that "works" for $200 on craigslist.
For the price of the new ascend though, i'd rather get a used p-13. You can find one for $400 if you are patient. For a little more, get the used P-15.
You may want to also consider resale value if your money is tight. You can recover nearly all of the purchase price of a good used kayak. But you won't be able to recover the cost of a new second tier kayak if you were to sell it.
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