Need new brakes, Magura MT5?

My brother gave me one of his old bikes but it has Hayes Nines that I don't even want to mess with.

Just need some brakes to get it rolling. I'm about 220/6'3

I wrecked a few years ago and was lucky enough to break my coccyx so I'm reluctant to hit anything to hardcore.

At $250 to my door (JensonUSA) front/rear with rotors is this the best deal on some functional trail brakes?