It Sounds like a good deal and I have purchased my last few drives from fry's without any problems with the drive or the rebates. However, the drive that is listed is:
ST3250623A-RK 250GB PATA
SEAGATE 3.5" PATA HARD DRIVE:
Outpost #: 4596257
But the only drive on the Seagate websight with the numbers ST3250623 is listed as a SATA. So if you are looking for a good drive with 5 year warranty, make sure you get the drive you want.