That lathe is actually the Micro Cue Smith 2 which is the better and more expensive lathe, between the Micro 2 and Micro 3. It will do joint work where as the Micro 3 is not set up to do joint work.
For some reason the headstock and steady rest are sitting on the lathe backwards, but I see pretty much everything that would come in the new package except the foot control for wrapping. And it looks like he has some extras also.