It's the same price you'll find anywhere else. If you look for that model used, you'll probably save $150-$200. You don't get much of a resale value in the Fender Standard models. Do not confuse these with American Standard.
Yeah, definitely worth the cash. You might be more used to hearing this line called MIM around these parts. You might find more info searching for MIM Fenders.
Yea they are very good basses for the money. I would certainly look for a used one though. Can save your self some money and still get a great bass. My MIM was $350 used and I got a sage green which is a bit of a hard color to find. So do some searching and you will find a great used one for a good price. One that is a normal color goes for about $300 and even a little cheaper.
It's difficult to find used, cheap maple neck P-basses in my area for some reason. Rosewood necks are much more common on the used market, it seems. It's hard to go wrong with a P-bass as a first (or even second) instrument. Simple, robust, amazingly versatile considering its simplicity. Many people never see the need to switch.