That is very similar to my machine which I bought about 8+ years ago (?). I love, love, love it. Never had a problem (knock on wood). I almost bought a Janome (for twice what the Kenmore cost) with the exact same features. I think you will be pleased with your choice. Have fun with it.
Double check the needle down position because on mine I have to push a button every time I want the needle down, it doesn't automatically stop in the down position which is what I thought it would do.