This is a good hobbyist welder, similar to the Harbor Freight Titanium 125. No, it's not for people who weld everyday, but it should be good for certain household repairs, projects, and hobbies.
It shares some of the components, such as the gun and wire feeder with the HF model, but the internal electronic components are different. It also lacks some of the consumables (e.g. extra tips and wire) that come with the HF model.
It's currently $185, and it has been that low a few other times, according to the Camel. It's currently $229 at HD.
QA Note: Usually ships within 6 to 10 days