If you were looking for a complete, turn-key, unbox-it-and-start-printing solution, and money was no matter, this seems reasonable, but I've never seen or used the unit.
Nicholas is right, for probably a quarter of the cost of the Freestyle unit, you could make one identical in function, but probably not as pretty. You'd have to be comfortable buying all the components and doing some electrical wiring, and knowing how to do it safely. The left over $500 will buy a lot of platinum and paper.
Lastly, don't underestimate a NuArc. I bought mine having only ever made a handful of prints at a carbon workshop one weekend. I wasn't willing to spend the money on the (much more expensive) Edwards Engineering UV sources, and Freestyle wasn't selling this one yet. I also knew that building one was going to drag on forever...I tend to not finish things. So a NuArc was a much less expensive turn-key solution for me. These things are built like tanks...I'm at least the 3rd owner of my NL22. If you get a 26-1K or 26-1KS unit, NuArc still services these. A bulb for the 26-1KS is about the same cost as replacing a set of bulbs on the Freestyle unit ($16*8=$128, and you should replace them all at the same time), with probably fairly similar lifetimes. Bulbs for the older 26-1K are typically available in the $40 to $60 range, and Freestyle sells these. And there's plenty of people here on APUG and DPUG with Nuarc units who can help you if you decide to go that route. NuArcs don't fall into the "easy to transport/put away" category, though.