Cord,
I'm curious if it is
this package you're considering, which I own. 7 feet stands have been sufficient for me. Only once is a rare situation I needed more height and I had my wife hold it up. Course, don't know if you use an assistant, but a large chair, box, or other object can come in handy. Again, though, very rare am I needing a taller light stand.
As far as the kit goes, was a great price for me being a student. Not the best stuff, I imagine, but don't know what to compare to. Ever since I started using off-camera flash, photography has becoming even more enjoyable, challenging, and rewarding. Really fun. Good luck!