ALDI Shimano rod & reel combo - good quality?

I was wondering if any of the keen fishos in here could give me their opinion on the upcoming ALDI offer on a $79.99 Shimano rod and reel combo.

Going off those specs and the brand name, would this be a good buy? I need a new set anyway and am comparing something like this vs a cheaper combo from K-Mart or similar. I don't mind putting down some money if it's worth the price tag.

Any advice is appreciated!

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