It doesn't look bad, the new inverter welders can do amazing things on 110V. If you aren't doing heavy stuff or don't mind doing multiple passes it should do most tasks. I've been doing most of my welding on a Titanium 170 from Harbor Freight the last year or so using flux core, on 110V or 220V depending on what's already hooked up... that welder surprises me on 110V. If I really wanted to burn something in I have a transformer stick welder but it gets used less anymore... Keeping some 3/32" 6011 rods around with that welder wouldn't be bad though. I've been meaning to try that on the Titanium (I have a 200 as well, it's multi process).
I'm not completely sold on the multi process thing, but I don't rely on one welder, there's 4 electric welders and one torch set in my garage right now and another of mine at my brothers...