I played one of those about 20 yrs ago (quite serious about that). it was ok then. not a patch on the real thing but should be fine for a 1st guitar. that's what it was designed to be. I have no idea how it stacks up against the competition these days though.
I must say, i love your panicked tone, like if someone doesn't answer you in the next 5 mins, your dreams of being a guitar hero will be forever shattered

Learning to play guitar takes a serious amount of time, even if you don't want to play lead...i would take my time and try out a few guitars in stores first. Even if you can't play, you can ask one of the clerks to play something on a few guitars for you, so you can get a feel for what sounds you can get out of them. Or just hang out and listen to all the dudes playing Stairway
