Well, I didnt take too much offense, no worries.
That motherboard does have onboard, but the 427 comes with a 5200fx. When buying crappy motherboards I always try to get them with onboard video. Easier to put in other peoples computers when I dont want them anymore. Keeping a computer up to date is all about being able to build and sell upgrades to your neighbors.
The 300 is for a 100 dollar el cheapo mb and chip combo, 75 dollars for ram, 25 for the case and ps, 50 for 20gb harddrive and 50 dollars for the 5200fx vid card. This one you have to put together yourself.