Definitely worth reading and extremely helpful for beginners and those wondering what it's all about. The problem comes with the large number of tools one needs before you can even start to contemplate whether this is a hobby for you. A better approach might be to pick one tool and then show what a true beginner can do with that in order to create some enthusiasm for woodworking.
While some people consider the circular saw to be more of a carpentry tool than a fine woodworking tool, but some would disagree. There may be no more versatile basic handheld power tool than a circular saw. When used with a clamp-on straight-edge, the circular saw can be just about as accurate as a table saw and handle quite a few of the tasks that one would attempt with a table saw, particularly cutting sheet goods such as plywood or medium-density fiberboard. When woodworking on a budget, a quality circular saw should be the first handheld power tool purchased, as it is the one that will likely be the most useful as you get started.
John Oesleby, 11/7/2018 I lost my workshop and tools in the California wildfires, and thought this set would get me started again. It’s a good value, but does require some fine tuning. There are a lot of videos online. I found the following: The blades are lightweight, and need sharpening. The edge of one (the block plane) had been visibly overheated, and required some effort to get to undamaged steel. It doesn’t seem to hold an edge long. On the smoothing plane, the sole is concave, and will need some effort to flatten. The frog resisted adjustment because the adjustment screw was drilled a little to close to the sole. I got the frog into an acceptable position be removing the washers from the hold-down screws. The chip breaker needed some work to fit the blade properly. Overall, I feel the set was a decent value.
The very affordable coping saw (often around $20) is regularly used for rough cutting shapes in the board, but especially for removing waste from dovetail joints (one of the most common wood joints). An affordable coping saw will work just fine as long as you have plenty of replacement blades on hand (also very affordable). Read my hand saw buying guide for more detail on brands & features to look for when purchasing a coping saw.