The one I saw must have been made by Festol, it was closer to $6000.00.
But, even at $550.00 I would expect to get TWO batteries and I agree that most of the tools probably will not stand up to very heavy use.
I guess if you have nothing to work wood with it is better than nothing and to get that many cordless tools would cost a lot more individually.
It reminds me of the old Shop Smith that was deemed so great back in the '50s and '60s. It was all the rage and every man wanted one. My uncle had a Shop Smith and my dad was SO envious! They are considered scrap these days but, there are still a few around and are generally set up to do ONE specific job.
Rog