Kyle - it would handle Future and most paints just fine... If I remember right the AB is mostly plastic so I would be wary of lacquer based paints without testing it first... AlcladII is lacquer based so I would be careful... For 32.99 you can get the Paasche H complete with hose and bottle etc.. from www.dixieart.com or you can go a step higher for $41.99 and get the Badger 200G, you would have to buy the hose for about $14.00 more for that one though...
and for about $65.00 you can get a reliable (yet a little noisy) compressor from Lowe's and Wal Mart... Those would do exactly what you want and more... then if you decide to get a better airbrush in the future you already have a suitable compressor!
If this is out of your budget right now then the one you saw would work, but I think you would be happier with the Paasche or Badger in the long run, and it would last you awhile longer before you felt like upgrading...
P.S. where abouts in SW LA are ya from? all my kin are from New Iberia and Broussard area (I am a Broussard on my Mom's side) Lived all my life on the border there near Port Arthur before moving here... Good luck to you! It just grazed us and the damage here was enough for me!