I will be investigating this in more depth this evening, but essentially, I like this. In my opinion, what hinders most people from starting what I feel is pretty much the best thing anyone can do: learning to play an instrument, is that it just costs so damn much.
And cheap instruments from Argos are Satan.
This seems like a happy middle ground.
I for one will be seeing if I can do a blag on some cymbals and pedals from the drums. That shit don't come cheap. Ooh, and some amps. And maybe another guitar! And...