Short answer: yes with a but; long answer: no with an if.
I have the breech-lock challenger press, and I'd personally just purchase the Lee Classic Cast press or the Lee Turret if I was to do it again (purchasing Lee).
Here's a WSS link for you, so you can compare:
http://www.wholesalesports.com/storefront/hunting/reloading/presses/classic-cast-single-stage-reloading-press/prod204301.html
HOWEVER, the breech-lock challenger is just fine for a beginning reloader, and I don't mind mine a bit. The plus side is that - as a kit - it DOES come with a lot of little goodies that you would have to buy separately. Chamfer/debur tool, primer pocket cleaner, safety powder scale, etc.
One of the best values for your money is the 50th anniversary kit:
http://www.wholesalesports.com/storefront/hunting/reloading/presses/lee-50th-anniversary-kit/prod252150.html
You can just buy a few extra shellholders for the calibers you want to reload, add a case lube pad or buy spray lube, and buy the case length studs for the case trimming tool ("cutter and lock stud") that comes with the kit. These are usually located near the "bits and pieces" by the reloading dies; just ask one of the personnel there for the Lee case length gauges to be used with the cutter/lock stud and pick out the one(s) you want. Don't worry that the 50th Anniversary kit doesn't come with a separate priming tool; it comes with two tools to prime on the press automatically, or you can just feed primers manually as long as you keep somewhat clean hands.
The Lee Safety powder scale is fine for a beginning reloader, but it's probably one of the first things you'll upgrade.
Then, just add whatever die sets you need - anything that's semi-auto needs a crimp die, so a "3-die set"; anything bolt you can get away with just a 2-die or even a neck sizer die if you just want to re-use cases in the same chamber.
Any more questions, feel free to PM! Reloading is one of the most rewarding things I've done with my single-projectile firearms; the possibilities are virtually endless!
-M