Wayyyyyyyyy overpriced. Mitchell's is way overpriced and has misleading advertising. For what its worth, you can find a M48 with a good bore and in good condition for around $100. All of the extra accessories that come with the Mitchell's package is worth about $25.
The VZ-24 is a better gun IMO...and by a long ways
Listen to vapodog, he knows what he's talking about. Yugo M48s are very poorly made in comparison to a German or Czech made rifle.
If you want a good rifle that you could easily use for hunting, here would be my list:
-No4 Enfield
-Swiss K31
-German made K98 (this includes those made by germans that were rebuilt by Yugoslavians or Russians, they at least started out being made correctly).
-Pesian (BRNO manufacture) 98/29
-VZ-24
-Ishapore 2A enfield (these were chambered in .308)
-Mosin Nagant 91/30 or M39. Avoid carbine versions if you want a hunting rifle, they tend to not be very accurate.
-Yugo sks
I would have added several more to the list, but I only listed good rifles that could be had for around $200 or less.