Sorry, but it's not a very good camera camera, and it is very much overpriced. B&H has it for $129. It is not a DSLR; it's a bridge camera (a camera with a fixed lens that is a kind of cross between a compact and a DSLR. Think of a compact camera that looks like a DSLR, but with very few of the advantages. Then the 30x lens you are going to be stuck with is a "super zoom," which is always a huge red flag (usually, they are not very sharp at all). On the positive side, you will be able to use lens filters with it. I'd be willing to bet that the photos you've seen taken with it were on a video monitor, with only a little over 3mp resolution (the most a computer monitor can show), and they have probably had the utter hell photoshopped out of them. I'd pass this one up.
If you're looking for a DSLR, I'd check out the entry level cameras form Canon, Nikon and Pentax. If you're looking for a good compact, I'd be looking at Canons and Sonys. Those will give you the most bang for your buck. I'd leave the bridge cameras alone, because a good compact will do almost everything they will (except use lens filters) and many of them will take higher quality photos.
I agree with FallisPhoto on this. I've got a Superzoom bridge from Canon, the sx40hs, it's actually a pretty nice camera in general, but it does suffer a bit for being a super zoom. I'm happy with it, but I was more concerned with flexibility than ultimate image quality.
BTW, that one will only run you $299 and is a decent choice if you're wanting to learn. But, getting a shorter zoom would likely improve the image quality and lens speed.