I agree with DaveO on your pricing, but offer the following about this unit -- (1) it is wired for 220 V power and draws 15 Amps -- you will need a 20 AMP circuit breaker to handle the load; (2) The collection bags are rated at 30 microns -

- the fine dust will pass right through them, so plan on added cost to put better bags (1 micron is recommended), or this is the classic "dust pump"; (3) it is at least a 12-year old design

(but it won a Wood Magazine award

in 1997).
IMHO (see our Lexicon under the NC WW Info on the top menu bar),
I would not buy it. I think you would do better with a
Harbor Freight 2 HP DC with the
Wynn Environmental Canister Conversion on it to provide good suction and clean exhaust air. Just my .02
BTW, welcome to the website -- but be sure to post a new thread under the Who We Are forum to give us all a proper introduction and we'll welcome you there!