No, not at all. I was in the market for a mini but I could pay 50$ more for a iPad 3 refurb which is a way better machine. I'm not a heavy gamer at all just need it for email surf the net and load it up with apps for myself and kids.
Makes perfect sense... think about this.. for $379 you get a Retina display equipped iPad. For $20 MORE you get an inferior iPad 2 with lesser specs, and a lesser screen. Both use the 30 pin dock connector.
EDIT: My opinion is based on the assumption you want a 9.7" iPad.