It is a good price. I purchased a home made one for about that price several years ago. I love hand quilting. I agree that it can be a little hard on your back, so finding a suitable height chair is important. I usually put the quilt on the frame and quilt around the blocks. I then take it off and use a lap hoop to finish off the blocks. It is basted well with the quilting around the blocks, so lap quilting is easy. Quilting on the pvc frame reminds me of the quilting bees of my youth.
I am transitioning to free motion machine quilting, but still love to hand quilt. It is good to know there are more of us out there.
Hope that helps.