I'm also new(started fishing 4 months ago) and here is my perspective. The price is quite good for the features you will get on the reel. If you were to buy it and give up fishing, you could perhaps even make a profit on it provided you maintain the condition. Otherwise, it will give you some reel to "grow into" as you become more familiar with a baitcaster. I started with an Abu Garcia BlackMax2 reel ($50 at Wal*Mart) and would certainly have thrown the additional $20 at this one instead.
If this is your first baitcaster, I would recommend not using the QuickFlip button for some time until you are familiar with the reel's action on a basic to intermediate level. You can check out bassresource videos by Glenn to gain familiarity with the platform and prepare yourself to start out. With that understanding of what you will be doing, you should learn about Making Adjustments to Reduce Backlash and Method1, Method2 for clearing backlashes from the spool. Starting with monofilament will lower the cost of learning to deal with backlashes in the beginning. As your thumb learns to keep backlashes from occurring you may want to try out the QuickFlip mode.
The gear ratio on this reel is high at 7.3:1, which means each turn of the handle will spool a larger amount of line. If you do not yet know what technique(s) you would like to fish with, be aware this one will require a great deal of attention if you want to do slower/finesse fishing as you may inadvertently pull your lure in too quickly for a good presentation. The information I am finding online for that reel indicates 30.5" retrieve.
Finally, it may be a little daunting to service a more complex reel yourself so if you do decide to perform maintenance on your own, be certain to keep a copy of the schematic in a safe place and be orderly when disassembling. There are professionals on this forum and probably local to you who can do it for you otherwise.