I cannot tell you if that is a good deal (Valuations are not allowed on
SRP) but what I CAN tell you is that unless you have a shave ready razor already, your 50 bucks would be FAR better spent getting something that is good to go.
Straightrazordesigns.com has some GREAT deals (and they are offering honing for life for the month of December) and the razors come all properly honed by Lynn himself (One of the best honemeisters in the world) so you can GUARANTEE that you will have a ninja sharp edge, I just got a 6/8 Dovo and their Latigo Strop on special....good deal IMHO
But if $ is tight there is a less expensive way,
Categories has the 48 dollar sight unseen deal which includes a truly shave ready razor, and a poor mans strop kit, it's a great way to get your feet wet with SR shaving
Hope this helps