I was thinking about getting the MAPP/Oxygen myself. The only thing is that I heard that the oxygen tank doesn't last very long. I really don't know why it wouldn't work for light duty home use for heating and light duty welding. You get what you pay for. The biggest expense with the Oxygen/acetylene outfit is buying the tanks. I know some places here in the states you can rent the tanks. You will have to ask yourself just how much money you want to invest into tools and is it something you really need and will use. You can get by with just a Mapp gas outfit if all you will use it for is heat.
The O2 bottle doesn't have much volume, something like 1.5 ounces of gas, whereas the big bottle for like acetylene/oxy is liquid that converts to gas. I have one that I use for smaller heating jobs, but don't remember how long a bottle last me, Probably around 15 minutes of actually heating use, but are great for those jobs where propane isn't enough, but don't need a large torch
I would say I go through about 5-6 oxygen bottles for every mapp bottle.