This is the same table I have except I also have the over arm router bit. If you were to come across the arm minus table you would then have a set up for it.
You can use the table with the fence system it has or upgrade. Here is an example:
http://www.shopsmith.com/ss_forum/woodw ... 18323.html
If it comes with the manual it will give you some jigs to make to add some uniqueness to it, some will be for the over arm while others work for the below the table router. You can see some of them here:
http://s589.photobucket.com/user/reible ... t=4&page=1
I'm a big fan of variable speed routers, if this is the older PC then it is single speed. I have two of them and they have held up well but they lack the speed adjustment. There are add on boxes to cure that, I have one from quite a while ago from MLSC I think.
They were also drilled for the very early versions of the incra jig so if you have one of those or decide to get one then that is another advantage(they started making them again a few years back).
As is the router plate is not set up to take reduction rings or guide bushings. I made an insert for mine to let me use them, something important to me. Keep this in mind but do as you see fit, that can also be a safety issue.........
Price does seem high, but again where you are maybe that is normal. I would do a flatness test as some people have found the table sagging. Mine use to be fine but I have not check it lately. It can be fixed but it might be a talking point to lower the amount they want for it.
Ed