Hi Fablau,
I have used that Milwaukeer setup for several years and it worked well.
I have since switched to a Sumo as the other setup was pretty old. I like the new one, the needle valve is better, but the overall effect is the same. It's not like all of a sudden overnight the tank is different with a better reg setup
Think of the different models as like a TV set.
The better sets will have better interior parts, circuits, picture, sound, etc. But they still present a picture and sound to you the viewer.
The better regulators will have a better valve and guages, workmanship, etc, that;s all, they still do the same job.
If you are going to spend the money on c02 equipment, buy the best you can afford. Hopefully you will have/use it for a long time.
The difference between the good, decent, and excellent don't seem to me very much, so I would not let money make the final decision.
If you get the Milwaukee set, remove the bubble counter and install one in-line or something. They tend to leak a lot........
Hope this helps.