I have one. It was released here in the UK in 2000 for a brief run but mine was a very dark purple colour rather than royal blue.
It's a very good guitar for the price. It is made in Japan so the quality is spot on. The pickups are better than I expected but what I would recommend the most is the trem. It is a TRS101 rather than a Lo-TRS II. Mostly the same components but the
trem arm is more like a strats in that it is threaded and screws into the block. The result is that the trem is a lot more user friendly and responsive as the arm doesn't travel around in it's socket ala the Lo-TRS II.
Ultimately it depends on the amount you want to spend. All I can say is that I do love mine as it was my first ibanez.