Oh, no! The Simplicity cutter has gotten terrible reviews here. It is okay if you need strips for hooking rugs, for example, but it does not have enough accuracy for quilting.
You might want to look at the Accuquilt Go Baby! die cutter. Many of us have the Go! version, some lucky quilters can afford the space and $$$ for a studio version; the Baby is for those on a budget. You would need the Go! Baby cutter plus the dies that are in the widths you want. Here is a link to the Go! Baby cutter on the Accuquilt site:
http://www.accuquilt.com/fabric-cutt...rter-sets.html
Be aware that what you want is often on sale for less at the website, at JoAnn's, on eBay, and other sources as well. It is worthwhile to shop around before purchasing.