that's a pretty skinny looking rack in my opinion. and yeah the pin holes are pretty far apart too. it is my experience that those type of home-gym pulley systems suck big time once you start putting some heavy weight on them. he said it retails for $1,200 but i got a much better power rack for way less than that.
here's the one i picked up a few years ago, i know i'll NEVER outgrow this thing, it's a monster! shipping is pretty high though cuz of the weight.
http://www.newyorkbarbells.com/pro92580.html