The generic brands are ok for hobby work and having a second compressor to blow out cabinets. I've had mine for two years and it's blown it's air valve (continual leak) and sometimes it "seizes" when the motor starts. It is on its "last legs", but I use it far more than just as a "hobby" model, so I've work it out. At $119, it is GREAT value, but I'd be wary of painting cabinets etc - it is not suited to that application. I've learnt a lot about spray painting and airbrushing, and the most important thing I've learnt is that you are only as good as the equiptment you use. My next compressor will be a "Peerless P14" - thanks to Jeff he recommends them (Pinballheaven). I will also tool up with a professional airbrush compressor.
Great value at $119 - but don't expect too much from it. Perfect for what you want to use it for, Brett