Personally, it looks like a toy...literally. And at the price...
I would avoid anything foreign made without US support. Some of the Chinese machines are ok, but the support is not available in most cases.
There are a lot of problems that people have.
You need to look at resolution, software for design and control, interface, feed and plunge max., etc. It is also metric and the DOC is probably very shallow. That's where the resolution will be important. It will have to make several passes to get to final depth and will not repeat the tool path.
IMO, entry level machines start around the $2500.00 mark.
Then there is the tooling and software to consider.
There is no such thing as inexpensive in cnc.
I would definitely pass on it.