Almost certainly a ripoff - remember that Autodesk do not sell the software, they sell licences to use the software. Licences are not (generally) transferrable, so what you're buying is effectively an unlicenced demo version which will work for a month then stop.
Search these forums for Student Licence - I think you'll find that it's $99 for 14 months, but you do have to prove you are a student to get it at that price. Not only that but you get the up to date current version too.
Max 2016 (SP1/EXT1)
Win7Pro x64 (SP1). i5-3570K @ 4.4GHz, 8Gb Ram, DX11.
nVidia GTX760 (2GB) (Driver 430.86).