I have recently got into reloading, bought the same kit and it is not bad at all for starting. I got mine to reload my new 6.5x47, it gets me a ragged hole at 100 yards, so it may be cheap but with a little time and care it can produce impressive results.
If there are any niggles it would be (as already mentioned) the scales, the beam pointer is ok but the stand side is a little less defined so judging the same point each time is a little vague and time consuming. I am also not so keen on the breech lock bushing on the press as there is play when it is in place and bullet seating does seem to vary a bit and I am sure it is down to this, I was given a JR3 at the time and although it is old it is very solid and is imo opinion a much better press and seats much more accurately.
Enjoy, reloading for me is a very relaxing and satisfying part of our great hobby.