Hmmm, something tells me this is substantially older than an '08 model. The 2008 catalogue on their website doesn't have a single road bike. There are some comfort bikes, and hybrids, but no road. Diamondback is owned by Raleigh and when I chatted with them at Interbike it was explained to me that they made mountain and bmx under the Diamondback name, and road bikes under the Raleigh name, and it all just worked out better that way.

I just searched through our catalogues at work and the last time Diamondback put out a road bike was 2006. I'm going to venture a guess that you're looking at the Podium 3 and it's red with perhaps some silver accents? High retail was $1300 3 years ago if that's that case. I don't want to dash anyone's dreams, but if it is that bike, you're doing them a favor and I think you have more wiggle room on that price. And, what's really raising my eyebrows is do you want to buy from a shop that is trying to sell you a 2006 as a 2008? Reminds me of Legally Blonde when the gal at the boutique clothing store tries to sell her last season's dress. If memory serves both Ultegra and 105 have had upgrades since then too.

Buuut, if you love it go for it. I'd just wiggle a little bit more.