Is the Pulse 5 at $168 worth it?

I was hanging out with some friends and one of them brought their Pulse 5 for the music and I really liked the lights as well as the sound quality. I looked it up while we were there and the price at $250 was steep, but I just went to Walmart and it was on clearance for $168. Is it worth it at that price? And is it on its way out since for a new model since it was on clearance?