Looks good! I think its always important to buy quality goods and looks as if you have done so. Something like that should last a long time, and getting a pull up bar would be a good step to take next.
seems like good affordable set up. how much was that purchased for? reason for asking is because i just bought a weider mid width standard bench and im very unhappy with it and all the other olympic benches i found are long in length to fit in my room.