If you don't plan on using anything lower than a 5.5 turn brushless (which you probably wont) it will suit your needs.
You are right that it's not their top model, but I wouldnt assume it has been sitting on a shelf for a long time, to my understanding it is still in production.
The only issue you might face is the fact it doesn't have a fan, but I am pretty sure you could retro fit a fan if needed.