I just picked up a used one on the cheap. I work in a bike shop and have an endless supply of the 16 gram cartridges for bike use (they use the same threading). I have it hooked to a bubble counter and ceramic diffuser. So for me it's getting me by until I have my dual-stage setup all together. I have found the regulator/valve to be quite inconsistent. It'll drop from 3-4 bps to 0 over the course of a few hours. It is designed to just fill they're plastic diffuser, not hold a consistent rate. Since I have literally like 60 16g cartridges at home, and no fish or inverts, I've just been blasting the tank with it for now.
The retail kit is not worth it in my opinion. The diffuser is huge, and as mentioned refills are pricey. Many people are using the Fluval 88 system with success, again tho it gets expensive.