A couple of questions ...
What sort of camera and lenses do you intend to use with this? Consider the weight of the body, and of the lenses in question. The head needs to be able to support them without getting a case of the droopsies, and the legs need to be able to support them, plus the weight of the head, without getting the wobblies.
Consider that you also don't need to buy that head just because that's how Teds are bundling this with those legs. You can but any head, and any set of legs, and they will all, if they're of any sort of quality (and Manfrotto is reasonable quality) all fit and play well together.
But there is a more important question that you need to consider: how many times do you want spend this money? Once? twice? four times?
Velbon make rather nice accessories, and sturdy tripods that you will be
using, year in, year out, are not amongst their best work. I'm prtty sure that if you buy the Velbon, you will eventually be buying a tripod somewhere further down the track. That makes the answer to question 2 at least twice. And it also means that whatever you spent the first time will have been wasted.
So ... you need to understand your needs. Not for today, but for tomorrow. Address your needs correctly, and you'll only buy once, and you'll actually be saving money.
You may also want to review other similar threads on this forum. There's
this one and quite a few others too.
Now, just one final point, please: if you look on the forum's front page, you will see that you need to have a meaningful location entered into your profile, and you will see that what you entered is actually not what we need. Please take a few moments to fix that up; it will be to your ultimate benefit. Thanx in advance for your future cooperation.