I'd hazard a guess it's not a raceline and that the bike has been resprayed black. Looks like a claud butler or something similar.
Looks ok, but the DNM rear shock is basic/low end.
I'd just whack some toras on the front as they are great for the money. 4 or 5" travel at the front should be ok, I would go for 4" personally.
Wouldn't chuck money at it until the frame is in your possession and you know bearings and bushings are ok.