When this combination went on sale for $999 a few months ago I bought it.
TIG200 and Versa Cut Plasma Cutter Kit
I'm sure it isn't the best TIG or plasma cutter around, but we've made quite a lot with it. My buddy Deon did all the welding on his custom bike with it and I just in from using it to seal up the floor pans on the Mustang. Working underneath a car and welding upside down is difficult with any welder. TIG, IMHO, is far easier than MIG (I have a Lincoln unit for that) and much neater, at least when the pieces are clean and flat. The underside of a car is neither clean nor flat, but the job managed to get done.
We've used the plasma cutter to cut out door skins, sheet metal for various projects, and weight jack plates for the Mustang suspension pieces. While I'm sure it isn't a great plasma cutter, we've wailed on stuff up to 3/8" thick very easily.
For $999 I think it was more than a good deal. And the current list of $1250 I'd still think it good.
R