A few years ago Academy had them on sale for $199. My dad had always shot a Wingmaster and I had never had a pump, so I jumped on it. It was my first 'utility' gun, that I don't care if the stock gets beat up, if it develops some surface rust, etc.
It has never given me any trouble. It's not a competition gun, I've probably shot less than 1000rds through it, although I'm taking it to a 3-gun competition this weekend to see how she does.
As much as I neglect the metal, the coating has been durable and hasn't rusted at all, still looks like new. The furniture, on the other hand, looks pretty bad. For a couple years it hung on a plastic gun rack near my back door, and that somehow ruined the finish wherever it contacted the stocks. I could just spray paint it flat black, and it would look like a composite stock, I suppose.
My father in law recently gave my wife an 870 express in .410. I just took it out of the box, dripped some oil on the moving parts, and we put 4 boxes through it without a hitch. Who knew a .410 pump would be so fun to shoot clay with?
As you might guess, I say go for it. I'm glad I did.