That actually was the spec for the 2006 bike (i have one).
105 rear mech and brakes, Tiagra 9 speed shifters and front mech.
I'd say £350 was a pretty decent price for a nice entry model roadbike.
But does depend on fit. I tried a Spec Allez before I bought my Trek, and after 5 minutes I felt like a boken backed monkey.... the Trek just felt "right"