The only thing I see thats not perfect with that fixture is that it has a single reflector for the bulbs. Individual reflectors can do wonders! lol
But if you are looking at basic corals and the such and nothing demanding super high light like an anemone then i think it would be a fine fixture.
here is another site that has cheap 4 bulb lights
fish need it;lights; food;Sponge
I have one of their fixtures and it is built well and of good quality. The bulbs are 10k and actinic which is the only bad thing with those lights, I like a more blue tank. lol But thats easily remedied with the purchase of 2 12k bulbs.
hope that helps!