It seems like it.
Looking at the bike's specs, it's got some pretty beefy components, and is marketed as an all-mountain bike, so I would say yes. The price seems pretty attractive too, given the component selection. Depending on what you intend to do with it, I'd say it's worth considering.
From their web site: "If blazing downhills, huge gap jumps and big drops are what you live for, the Extremes are ready to take you there" To keep it in perspective, at 240 lbs you may want to notch it back a bit from this type of riding, but I could be wrong. The bike could be an excellent "Clyde hucking" bike.
Keep in mind, at 40 lbs, the bike is going to be a pig on any sort of inclines.
Just my thoughts as always.
Bob