Bah! That's still a great card. It doesn't matter if there are newer cards. If all he wants is a cheap card that will do the job (granted without all the pretty options) then I think it's fine. I have been using one of those for three years now and I play tons of games.
That said, I JUST upgraded to the Geforce2 GTS. This card is about 2-3 times better and its only $46 bucks at newegg.com. That's your best buy, imo.
Real world results? I mostly play Half-life (and mods) and I was getting about 20-30 fps at 16x1024x768 with the TNT2. Now I'm getting 70-80 fps at 32x1024x768. Since I've upgraded I've been playing Jedi Knight 2, Dungeon Siege, Medal of Honor, and Castle Wolfenstein with great results. Hope this helps.