It's a lot better than my first amp -35 watt crate combo. If you're just starting out you honestly won't be able to hear the difference from you rig compared to a high end rig. Yes, that is good gear!!!
Congrats on the new rig. Time will tell if it is good gear or not. As long as it produces the bass tone you hear in your head and is reliable then that is what counts. Good luck with it & welcome to TB!