I am not sure of the specific model number you quote, but from what I have seen Paasche makes a top notch booth. I don't believe you'll go wrong with their setups; sounds like a pretty good price, too.
I'm sure you know this already, but make sure you exhaust everything to the outside. Use some good aluminum or sheet metal flex duct; stay away from plastic dryer hose (static electricity generation, attacked by exhausted solvents, etc.) and ensure that your ducting doesn't have a lot of right angle bends which provides signficant resistance, and accounts for consideralbe airflow loss and reduced duct transport velocities.
All the best with your booth. Once you get it hooked up, send pictures so we can see and learn, and tell us how it performs.
Gip Winecoff