Might as well keep this going.
I received a Printrbot Simple Makers Kit for my birthday. What a gift. I built it and was printing in 5-6 hours ish. I'd say is it great machine for a newbie. The machine was simple to put together.
I think I can agree with you about spending a bit more and getting a better machine, but I can't complain about a gift. I do want a larger machine with dual print heads. Maybe in the not too distant future.
So far, I would say this is a good machine. There are belts, a z probe, and a metal extruder. This all leads to having better quality off the bat. Having the z probe just seems to take much of the work out of leveling the print bed. This can be a bad thing.
The frame is flexible, so I had to turn the speed down to get good quality. The machine was pretty accurate right off the bat. I was able to print out a 40mm square fan shroud without actually calibrating. The numbers they gave on their build site were pretty accurate. I am planning on making the upgraded plastic parts for rigidity. There are already files out there to make this machine larger and beefier.