Yeah sure, why not? Hey while you're at it, why don't you buy a mac pro for 1700$ also? Seriously, if it looks too good to be true, it is. Any website like that is a scam, they'll never send you the actual thing you are looking at if at all. A rule of thumb for apple products is if the price is less than the educator's discount, don't bother. Honestly do you think a store like that could sell that ipod for 150$ less than everyone else?
http://www.resellerratings.com/store/Electronics4less that says it all. looked pretty legit too though.