The picture shows the Pfaff GrandQuilter Hobby 1200 and a Pfaff Next Generation frame, made by Grace Co. for Pfaff. I have the same setup, which I purchased used for $1,500 including the Quilter's Cruise Control (Stitch Regulator). I purchased mine almost 2 years ago and the machine had just been serviced.
When taken apart, it'll all fit in a small hatchback car. I transported mine in my little Hyundai Elantra.
New the machine was approximately $1,500, the frame $800-$1,000 and the stitch regulator $500 for that machine.
Overall, it's a nice beginner machine for frame quilting. I've seen some very nice quilts made with this setup, including a remarkable wholecloth quilt. After working with it for a short while, you'll definitely want to graduate to something larger. I'm already considering my next, larger machine. Now to save up the money......