Don't put any money into it until you get a feel for it. If it sounds like crap, nothing you do to it will make it sound "right" and you will only be throwing money away. It's the old "Polishing a Turd" syndrome.
If you like what you're hearing after spending some time with it, you can start playing around with it if you so desire.
If you get the upgrade bug, the power supply is where I would start. The Chinese do some strange things in power supplies and this one is a bit different. But again, see what you have first.
Enjoy and keep us posted.