At first blush, you aren’t saving anything.
As stated above you will SOON want to upgrade. This regulator set is NOT Nitrox compatible.
You may not be planning on diving nitrox yet, but if you do you’re stuck with a regulator you can not use.
The BCD is also NOT weight integrated, a really nice option to have.
I’m not spending your money. When I started I decided to put all my money in my regulators. They will last you a lifetime
and will lend a lot of pleasure to your diving experience. With enough careful research you can strike a balance between what you can afford to spend and performance. For me that came in the form of Mares Abyss regulators, a top performer at a price I was willing to spend.
Not everyone needs a $1200.00 regulator, but no one wants to feel like they are sucking air through a straw.
I understand fully your excitement and wanting to own your own gear, a good idea. But you might be better off waiting out one season and investing in higher quality regulators.
Good luck and congrats!