Looks good to me. As for the rust, if its still sturdy (which it probably is), you could dremel or otherwise remove the rust, slap some rattlecan paint on there and have it looking new. Id say $30 for the pot alone is a great deal!
Just got back (1 hour drive each way) and it is pretty good stuff! The pot is 20 qt not 30 (didn't buy it for the pot) and the rust is somewhat bad on the burner but not the stand but the 2 tanks look great and 1 is full with the other being I'd estimate 25% full.