yes, it has a 1/4 foot and you can do piecing on the machine with ease.
the only thing i would add is that its a straight stitch only machine so if you like to do blanket or satin stitch applique you wouldn't be able to do it with this machine.
i use mine on a quilting frame and then i have a juki F600 for piecing.
both of these machines cost the same.
here's a link to the juki i piece with
http://www.sewvacdirect.com/Juki_HZL-F600.html