I ended up purchasing this from Sports Authority since the Amazon (through Fog Dog) shipping price is nearly $100. Fortunatey, Sports Authority had this for the same price as Amazon. Assembling this was pretty easy, although they mixed up a couple of the bolts (as far as I can tell) and didn't give me enough longer bolts for the pullies. I was able to go to Home Depot and get a couple for about $2 that match up pretty well. With this delay, it took me about 3 hours to assemble. I don't mind that at all since I'm not a very quick worker when it comes to assembly, and if you have better tools it will go a lot more quickly (they do include everything you need to assemble it). The bolts and nuts are very clearly marked, which I greatly appreciate. The one tip I have is to make sure to leave all the bolts very loose until the instructions tell you to tighten them. You'll need a lot of play to match up everything, but once it's together it's very solid.
As for the machine itself, it is sturdier than I imagined. I can do pull-ups, dips, leg raises, as well as use the full Weider X-factor cables, which come in 25 lb, 35 lb, and 45lb bands. You can mix and match if you need more resistance. The handles and leg attachment are ok quality, but I think I will replace the leg attachment with a better one. I'm fine with this as $200 is a pretty entry-level price. The bands move very smoothly. I'm not sure how well they will age as the one they had set up at Sports Authority wasn't nearly as smooth, but then again the entire unit didn't seem as solid.
The caveat is that the arms for dips are very far apart. This actually works in my favor since I'm tall with wide shoulders, and arms for dip stations are usually too close for me. So, if you are planning on using this for dips, please check it out in the store and see if it's too wide for you - I can see this being very bad for your shoulders given the angle. If you are primarily using this for dips and pull-ups. I'd recommend looking elsewhere. What sells it for me is the addition of the bands - it gives you so many more options at your home gym.
I'm very happy with this machine and look forward to using it a lot more. I will update this review if any problems arise with consistent use.