To be honest the games bundled aren't that great. Other than LBP and wipe out, the games hold little value.
The fact that they can all fit on 8GB is telling.
Who wants 8GB of memory anyway? 16-32 or GTFO. <---
Sony has a nice summer line up, they need to start advertising again and include all of the games they've deserted like soul sacrifice. Even games like Dragons Crown and Rayman Legends can be advertised like exclusives to help sell the system.
However, for what you get for this price, I'd say it's a great offer.
Wipeout 2048 and LBPv for me covers the price you are paying. Technically, you are getting a free memory card...