HTC 8S for £119 ?

I've wanted to give Windows Phone 8 a try for a while, but there's never been a particularly great device around for a great price so I've stuck with my trusty iPhone. However, I noticed when I went by a phone store today that the HTC 8S has been reduced to £119 which is a pretty affordable price, but I want to know, is it a decent phone to experience WP8 on ?

For Americans, bare in mind this is £119 to buy the phone without a contract, so I'm not even considering a higher end device right now as I still have about 10 months left on my iPhone contract.