I have the opportunity to purchase a few items from a cabinet shop
that has just upgraded their machines. I wanted to get folks advice
on this to see if they are wise purchases given a limited budget. I'm
setting up my first woodshop so I'm slowly acquiring the tools when I
have the chance.

He has a nice 2HP Dust Collector and a very nice Oscillating Spindle
Sander. The Sander is a full sized floor unit. Price is $100 per
item. Seems like a great deal, especially the Dust Collector. Both
items are in good condition and look like they are quality (no brand
names to offer) Should I go get these or save my money for other
tools?

I have an old Craftsman table saw that does the trick for now, and an
average set of hand tools and other power tools (Miter saw, Sanders,
Router). I'm also interested in buying a bandsaw and jointer when the
price and time is right.