Is this a good budget soldering iron?

CanadianCyanide:
Based on suggestions for Hakko and Weller, I was thinking of getting a Yihua 936 (Clone of the Hakko 936) as a real Hakko or Weller is a bit out of my budget. It's sold on amazon.com here and I've seen it recommended on other sites as it's only $25-30. If I buy this in combination with this solder , would it work well and would the iron last me a while?

I believe Dave Jones did a teardown of that exact Yee-haw! (as he pronounced it) model. I believe he found that it was just a superficial clone, the interior control circuitry was different and the temperature regulation wasn't as good. Only the appearance was copied.

Good enough I'd imagine, and it has a proper iron holder.