Seems like; I trust the 2.6 GHz figure was a typo because store.apple.com says the only new 17" MBP today has 2.8 GHz. With that said, the 2.8 GHz 17" MBP is going for about $2500 (base price) albeit with a 500 GB HD. FCE would be good for another $200 and AppleCare for another $350 or so.
So, bottom line is, the offer sounds like worth nearly $3000. I assume this is some sort of educational pricing because otherwise it's a MBP sold from the back of a truck. 😀