From an engine/trans standpoint you're okay, but I've read of electronic glitches on the pre '03 W220's.
The Airmatic suspension can be problematic as well. Major repairs cant cost upwards of $3K. Service records are a plus and it might be worth considering an after market warranty.
Goto http://forums.mbworld.org/forums/forumdisplay.php?f=16 for more info.
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'07 Yukon 2500
'13 Subaru Outback 3.6R
'13 Orbea Carpe 9-speed
Currently Benzless
Formerly: 300TD, S600, E55, 560SEL
---= The forest breathes, listen.
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