He did a beautiful job with my 88CM, so it feels like it was made by a serious camera company. The shutter is loud, but everything moves smoothly and the handling is excellent. I've run several rolls through it with good results so far, though nothing worth publishing yet. Some of the Kiev lenses are gorgeous, as are some of the Zeiss lenses made for the Pentacon 6 (same mount). The 30mm will give anyone serious lens envy, and I really like the 250/3.5.
That having been said, I am not sure I would have bought one if I had not previously acquired a Kiev 60 and a wide range of lenses in the days when Kiev was the only cheap medium format SLR I could find circa 2002). Unless you want some of the more exotic glass, especially that 30mm, there are plenty of other options to consider, such as Bronica and Mamiya. So the real question is the usual one, which is, "how do you want to use the camera?" I would decide what formats and lenses I wanted, then examine the range of options. Certainly Arax should be one of them.