I have a bench already, along with the rubber mats that i use on deadlifting, etc.
I used to have a squat rack just like that, and I loved it. Moved and left it. looking to replace it now. I hate the cage, don't think i'd use one.
Mine is more or less like this Rob, but with a chinning bar at the front. It's pretty nice to be able to bench to failure, except when you get deep into your third set and realize you forgot to put the safety bars into place.
If I didn't already own a multistation, I'd look at something like this, although adjustable pulley position would be nice, not just low & high.
... or at least the rack with simple low/high cables without the crossovers.
Gives you way more options than the bar rack you're looking at, for probably not much more $.
