Not a bad thing but that line of lathe comes with a 3-stud/locking ring chuck mount. If it came with a D1 camlock spindle then your choice of chuck options would be much better. Also, no separate drive shaft for the carriage, ways not hardened/ground, and not sure if the spindle is hardened/ground. No idea if the gears are hardened/ground and no idea what the accuracy class is for the spindle bearings. This is an entry-level lathe more suited to the "I want to see if I like this machining stuff" category because you cannot upgrade it.
Compare to the 1127VF-LB, a much bigger bang for the buck. It has all the features a good lathe has, for not much more money.