richie, I'don't have one. I've got more tools than I can count, I've been buying bike stuff for years. But as you say reckon for someone starting out it would be ideal.
I only thought better because I have all those tools in another shape or form, not all mine are specific bike tools, otherwise I would have gone for it, and as others have pointed out, you'll find out which ones you use more (and probably break) then it can be replaced item by item with better quality ones if you so wished.