Three hundred for a cooled CCD is definitely a deal. That said, I've never really met a cheap color CCD that I liked, including the StarShoot. The plus side is that the camera is fairly light weight and can be operated with a single USB cable (the second cable is power for cooling). The other good point is that it is also available in a mono version for the same price. The mono version is probably a lot more sensitive, most likely make an excellent guide camera (still at a great price point) once you move on to bigger and better things. Heck, I'm tempted to buy one myself.
Warning this my opinion, FWIW. I have used the Orion color CCD, but not their monochrome camera. I have used other cameras with the Sony 1/2" chip and they performed well.
Thanks Mike, I was looking at the mono version last night and trying to decide if I wanted to go the color filter wheel route. I think your right - probably better resolution and sensitivity on the mono version. Looks like I'm sliding down the slippery slope.