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Yes, it is, from a features and usability standpoint, and they were saying the camera was poor in 2007, well, uh...
But at least the voice component isn't obsolete.
The M300 runs on CDMA for voice and text, which most likely won't even start to go obsolete or lose capacity until 2017 at the earliest, when carriers expect to start relying on their new LTE networks for voice as well as the data it's currently used for.
Still, I'd find something newer. Something with Micro-USB charging would be nice so that you don't need to find old proprietary chargers.
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