Personally I think it's a bit of a rip off. In the UK it's between £199 and £250 (or there abouts, could've changed since I bought mine in June 07), but of course everything in the UK is expensive anyway. With the UK cover you don't get a freephone support line like you do in the US which I think is disgraceful. I'm not sure where you're from but if you live in the US you're probably getting a better deal anyway.
I'd look into alternatives if I were you. The reason I bought the AppleCare was because I was offered it at £59 if I purchased it at the same time as my MBP and because I'm a student. After that though, I purchased separate accidental damage cover from a leading UK insurer, for £90. I'm so thankful I did that because recently I dropped my MBP and now the DVD drive is screwed and all the casing is dented and bowed (everything else is still working fine surprisingly, touch wood).
All it does is cover you for an extra two years in regards to mechanical breakdown, and phone support. I know people have had problems with their Apples but generally they are machines built to last and I know plenty of people still using G3's, G4's, whatever. Plus, I've tried using the support line once before and I was waiting in a queue for ages then they put the phone down on me so I've lost faith in it and has naturally made me cynical about the AppleCare support.
I'd look into alternatives if I were you. The reason I bought the AppleCare was because I was offered it at £59 if I purchased it at the same time as my MBP and because I'm a student. After that though, I purchased separate accidental damage cover from a leading UK insurer, for £90. I'm so thankful I did that because recently I dropped my MBP and now the DVD drive is screwed and all the casing is dented and bowed (everything else is still working fine surprisingly, touch wood).
All it does is cover you for an extra two years in regards to mechanical breakdown, and phone support. I know people have had problems with their Apples but generally they are machines built to last and I know plenty of people still using G3's, G4's, whatever. Plus, I've tried using the support line once before and I was waiting in a queue for ages then they put the phone down on me so I've lost faith in it and has naturally made me cynical about the AppleCare support.