ruffair,
It looks like it should work as well as anything for a 'first model'. Any kit is going to be a bit intimidating as the "1st". Just how easy it is to build depends on your building abilities and 'learning rate' (you will always be learning, if not what to do, then what NOT to do next time - lol).
Not being one of the local 'rich', I certainly understand the buy it in stages thing! That also assumes that you know at least a little bit about building. I like to have everything (yeah, sure) on hand before I start a build, I tend to make less mistakes that way (another, "yeah, sure!'). Also don't have to wait for the next batch of stuff to get here. "Waiting" is not exactly my best ability.
In a nut-shell, if you like the looks of this boat, can afford it, and want to build it, do so. Some things are more 'fun' than others but it's all fun...
- 'Doc