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No it is not. Raidmax is literally one of the worst brands available on Newegg and I wouldn't recommend one even to someone I hated.

This Corsair CX400W is $40 after MIR, and Corsair is good about rebates. It's the best choice in that price range at the moment:
http://www.newegg.com/Product/Produc...Corsair%20400w
 
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