Is 1024MB for memory and 160GB for hard drive good for a computer?

I've been saving for a computer for quite a few months now, and I found a really great deal on a computer (after thanksgiving day sale). And the memory is: 1024MB and the hard drive is: 160GB. Is that good? The price of the computer is $199.97, without the keyboard,mouse, and speakers. And I currently have... show more I've been saving for a computer for quite a few months now, and I found a really great deal on a computer (after thanksgiving day sale). And the memory is: 1024MB and the hard drive is: 160GB. Is that good? The price of the computer is $199.97, without the keyboard,mouse, and speakers. And I currently have $350.

Can someone please help me!!!
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