llong I believe it will work for what you want to do - I plan on using it for the same things, and I like to embroider in the evenings too. I may do some hand-quilting with it, & I read it can be used on a machine with a large eye needle.
PLUS I went back to the link today and the 70-spool set is now priced at $279.
onebyone, I want to thank you for this alert. I ordered the 50-spool set with case (I don't have a system to store 70 spools so I went for the 50 b/c of case) which is now listed at 221.50 !!! instead of the 69.50 I paid....