is this a good bike? Walmart bike, but i'm not a hardcore biker?

lasdkj3

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http://www.walmart.com/ip/NEXT-Avalon-26-Men-s-Cruiser-Bike/14272884?findingMethod=rr

i figured, paying $50 for a used bike on craigslist, i'd rather get a new one for $80. A used bike could have a lot of problems.
But if i spend 80, might as well spend 99 right? so is this a decent bike? i'm not going on a hiking trail or anything extreme.
Just getting from point A to point B about 7 miles a day or less.

Any other places/bikes that you recommend?
 
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