I like the idea of new divers buying full sets of top-quality gear because a lot of that will be served up to the rest of us on eBay or Craigslist in a few years. (If someone already made that joke, I missed it.)
The first time I got certified I didn't know better and ended up being that guy (with encouragement from the dive shop doing the certifications), but the second time I took up diving I knew better and paid 1/2 price or less on average for my gear.
I'd wager I could come up with Geobound's gear with 1/2 the budget and have money left over...