Paypal transaction confimed please verify details - scam phishing attempt

Clear cut case of a phishing attempt to hack your account.

Dear customer, This email confirms that you have paid orders@dell.com $699.99 USD using PayPal. This credit card transaction will appear on your bill as "PAYPAL *DELL INC". Payment Details Purchased From:Dell.Inc Item # Item Title Quantity 250016390196 New Dell 6400 e1505 Intel Core Duo 1.66GHz 1GB Laptop 1 $669.95 USD $669.95 USD Shipping & Handling via USPS First Class Mail to 154XX (includes any seller handling fees) $19.16 USD Shipping Insurance (optional): -- Sales Tax (6.000% inPA) : $10.88 USD Total: $699.99 USD Note:Thank you! Shipping Information Shipping Info: Patrick D Walsh 241 cambridge dr Ramsey, NJ 07446 United States Address Status: Confirmed If you have questions about the shipping and tracking of your purchased item or service, please contact the seller orders@dell.com. Do you confirm this transaction? If this transaction was not made by you please immediately take the following steps: Login to your account by clicking on the link below Provide requested information to ensure you are the owner of the account CANCEL TRANSACTION! Thank you for using PayPal! The PayPal Team Please do not reply to this email. This mailbox is not monitored and you will not receive a response. For assistance, log in to your PayPal account and choose the Help link located in the top right corner of any PayPal page. PayPal Email ID PP843

Actual destination of this email: http://rrcs-97-77-34-14.sw.biz.rr.com:84/
Doesn't look like paypal does it?