Fire bad. New computer good.

my parents are purchasing me a new computer due to a fire that occurred a few weeks ago. My previous computer was highly outdated and showed signs of death before the incident.
anyway they plan on buying me this

HP Media Center TV Desktop
Model: m7674n
Intel® Core™2 Duo processor E6400; Intel® Viiv™ technology; DL DVD±RW/CD-RW drive; 400GB hard drive; 2GB PC2-4200 DDR2 SDRAM; Windows XP Media Center 2005 with TV tuner; 15-in-1 media reader; LightScribe labeling; wireless LAN

what are your thoughts?

then what should I have them get me for under $1,500