Short answer:
Will it do what you are asking? Yes.
Are there other options that will do those tasks better? Yes.
Is it a good deal for $150(USD?)? If it is an upgrade to your current setup, absolutely.
There are a lot of options out there and any number of routes you could take to game/edit video. Depending on your time frame, budget, immediate and future needs, and experience level could get a better setup. Ultimately though only you can say whether that investment is more or less worth it than this.