Not worth it. There are four picks in there you'll actually use (despite every beginner kit coming with that snowman pick for some reason). This kit looks like it's made from spring steel, which is okay, but stainless would be better and is easily doable at this price point. The tension wrenches are run-of-the-mill. No prybars, not even twisted tension wrenches. The case might be the nicest part of the entire kit.
$40 can buy you much nicer and well rounded beginner pick sets. I'd recommend passing on this one.
$40 can buy you much nicer and well rounded beginner pick sets. I'd recommend passing on this one.