I see it has a four way tool post – are you going to retain it or get a QCTP? If the latter, I would advise against an Arc Euro 'set'. Buying separately is the way to go and here are a few reasons:
Not really cheaper as you prolly won't want all the different tool holders in the set.
The knurling tool is an excessive pressure jobbie – not good for the lathe and the scissor types are far superior (even if a little/lot more expensive).
The parting tool holder is carp (well, mine is). The parting blade is fitted at an angle, so every time the blade is extended or retracted (for different diameter cuts) it must be reset at centre height!
More normal, simple tool holders are the real priority – the cheapest ones in the 'kit'.
Might be more, but will post now. IMO it would have been far better to offer a good price on the tool post and half a dozen, or so, normal tool holders (with maybe one of them with a V notch able to accommodate a round boring tool).