Sounds like you get a lot for $99.00.
Rather than invest the $99.00 into something you'll grow out of very fast and be limited to what you can do spend a little more money on something like a 2.5 hp Dewalt or Bosch router. A basic bit set by Freud or CMT.
You want a half inch router and use half inch bits.
Click on the OAK PARK link on top of the forum page and look at the Router Workshop basic table setup.
Look at the 1st in the series of the video sets, this is a great starting point for a beginner. Plenty of easy projects you can expand on.
If you want to purchase the Skil router to see if you are interested in the hobby go ahead and do that.