I would agree with Willys and n66ht about the IR compressor. However, you are in a price range where you might also want to consider a 2-stage unit. I just saw a Husky (Campbell Hausfeld makes these) 2-stage (80 gal, 175 max pressure, 15.1 @ 90) for $869 at the Local Home Depot. Also Sears has a Craftsman 2-stage (175 max, 17.4 @ 100, 16.9 @ 175) for $849.
I am also in the market for a new compressor and saw the IR you are looking at on Tractor Supply's web site. However, their nearest store is about 8 hours round trip from where I live - so I'm leaning toward one of the 2-stage units. It will actually end up cheaper for me than the single stage IR. But if you have a Tractor Supply nearby - you won't go wrong with the IR.