Yes, 3k welder. That's about $1,000 more than a typical ESAB DC installation. But this thing has almost everything you need to have a small production workshop at home. The MIG gun uses a solid wire and flux core and comes with extra tips and a large steel wire spool. You get a spike and some electrodes. The Stinger is heavily built. You will receive a medium quality TIG torch. Not state of the art but does everything you ask for. Supplied with tungsten in various sizes. The sMig alone is worth its price. No settings had to be made. You don't need to understand the wire width, speed and other settings. Simply turn the dial to the width of the panel being used and weld. It remembers how you weld and adjusts in real-time. game changer. I typically spend 20 minutes fiddling with my old welder to set it up properly. Not to mention the biggest advantage: it welds aluminium. Even at 120 amps. Different types of pulse settings. The only thing missing here for a great shop is a plasma cutter.