EasyThreed X1 3D Printer

I just saw this video review on YouTube that had been posted within the last week.

Assuming this video is honest and unbiased this looks promising to someone like myself who doesn't have a 3D printer yet. It looks simple to assemble, doesn't take up a lot of space and seems easy to use. Of course, the price of a 3D printer isn't the only cost. There is the electricity to run it and the expense of refilling filament.

Maybe this is the kind of 3D printer a beginner should be using?