Hope fully someone who has one can chip in with their experience, after having a quick look it seems as though I has a 3 litre tank, which will handle the AB but I think would need to run a lot giving over heating problems. I think this is recognised by the manufacturer, as there is a t40 version, which has a very slightly bigger motor and built in fan. For only around $20 more, if you are keen on this compressor I would choose the t40.
As kits go, this one sounds pretty good, the eclipse is an awesome gun, however, what are the paints, and are they going to be suitable for what you plan to do. Also does the compressor come with regulator, water filter, hose and connectors. It might be worth pricing the items separately, to see what the price difference is, if you have to buy extras like the correct/ decent paint and accessories on top of the kit price it may not be the best deal, especially as there is a better version of that compressor. Just my thoughts.